Iran to Build Seven Refineries to Boost Processing Capability

BEIJING--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Iran's Ministry of Petroleum announced that seven refineries will be built in an effort to raise the country's processing capability of crude oil and natural gas. For the past two decades, Iran has been importing gasoline in order to meet domestic needs. With the new refineries, Iran hopes to increase the country's processing capability by about ...