Refining

The total amount of CO2 emissions in Iran stands at about 602 million tons per year.

The first phase of the refinery would have a capacity of 120.000 b/d of gas condensate.

The finance for consolidation and boosting quality of Abadan oil Refinery was officially opened by the Chinese side.

Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems.

The second agreement had been signed between private sectors of the two neighboring countries in other areas of oil industry.

The operational contract for the huge refinery project has been inked with Sinopec of China.

The funding is part of a $3-billion deal with China'.s Sinopec on renovating the Abadan refinery

The gasoline produced in the refinery is used to meet demands in neighboring provinces.

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.