Refining

Iran and China will soon sign their largest deal in petroleum refinery industry worth three billion dollar.

Iran wants not only to upgrade its dilapidated refineries but also build new ones.

Poland'.s second-biggest oil refiner Lotos is interested in securing a long-term supply deal with Iran.

The project is aimed at improving the refinery'.s processing capacity and efficiency.

.Exploration and production deals. meanwhile. should keep getting bigger this year. Moody’s said

.NIOC plans to build several oil refineries abroad to expand the country’s oil market

.The Persian Gulf Star Refinery is the biggest of refinery of its kind under construction in Persian Gulf and the Middle East

.Current oil byproducts exports capacity namely diesel and liquefied natural gas stands at 500.000 barrels per day

Iran possessed the largest tanker fleet in the world and the capacity of vessels belonging to NITC has climbed to over 15.5 million tons per year

9 refineries with an aggregate total capacity of 1.73 million barrels are functioning across the country