Refining

Japanese engineering giant JGC Corporation is in advanced negotiations to upgrade the Tehran refinery.

The company'.s output will cross 450.000 by the end of the current calendar year to March 21.

Developmental and optimization projects as well as reduction of fuel oil mark are the main objectives in the Iranian industry.”

Omani traders are very much intersted in making investments in Sistan and Baluchestan mines.

The new pipeline carries as much diesel as 100 tanker trucks move in one day.

Daelim is one of the largest companies in South Korea.

Since its first contract with Iran in 1975. Daelim has carried out more than two dozen construction projects there worth a total of $4.55 billion.

Daewoo Shipbuilding said the deal will help it make inroads into Iran'.s shipbuilding market. and export related equipment.

The refining facility underwent great changes after long years of activity and was put into operation in May 2011 on the National Persian Gulf Day.

In line with lifting ban on oil industry key facilities. Asian and European companies will contribute to progress of projects in South Pars.