Iran to refine KRG's crude oil
Iran is preparing to refine 100,000 barrels per day (b/d) of the Kurdistan Regional Government’s (KRG) crude oil at the Tabriz Refinery, Abdol-Rasoul Mirzaei the manager director of Raham Refinery said. Both Tabriz and Raham refineries are in Iran’s South Azerbaijan Province. Last week Raham refinery’s first phase was inaugurated, aimed to produce 300,000 tons per year of bitumen. The second phase, worth $450 millon, is projected to refine 50,000 b/d of crude oil. Mirzaei said that Raham refiney’s crude oil feedstock is similar to Tabriz ...
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