Refining

India'.s state refiners have cut oil import plans from Iran by a quarter in the year to March 2018.

Upon the completion of the project. the refinery will raise its propylene production by 1 million tons per year.

Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

Turkey will continue to be a part of all pipeline projects to diversify resources.

Iran’s oil refining capacity reportedly stands at around 1.8 million barrels per day.

TAPI is an important linchpin in the realization of the New Silk Road in the arena of energy.

The lifting marks a new period for this project.

The refinery produced various grades of petrol. diesel. aviation kerosene. liquid gas. vacuum gas oil and fuel oil.

ExxonMobil will provide its technical support and expertise to help the parties carry out safe bunkering operations and sell LNG bunker fuel to vessel operators.