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NEW DELHI, INDIA--January 30, 2013--Researched by Industrial Info Resources (Delhi, India)--As the Iranian government reduces state-funding to the oil and gas sector, the country's oil and gas regulator, National Iranian Oil Refining & Distribution Company (NIORDC) (Tehran, Iran), and Tabriz Oil Refining Company (TZORC) (Tehran) are now seeking financing from private investors and multilateral financial institutions to fund the proposed $2 billion expansion and upgrade project at Tabriz Refinery.

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