Iran considering stakes in foreign refineries
Iran holds a stake in a refinery project in Malaysia and is considering taking stakes in refineries in five other countries, the managing director of the National Iranian Oil Engineering and Construction Company was quoted as saying on Monday. Hamid Sharif-Razi mentioned Malaysia, Indonesia, South Africa, India, Brazil, and Sierra Leone as the countries Iran has been negotiating with to buy stakes, the Shana news agency reported. “The company holds a 30 percent stake in a 250,000 barrel a day refinery project in Malaysia, and was planning ...
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