Jul 27, 2014, 1:38 PM
News Code: 2732512
0 Persons
Incentive for Siraf Refining Park financiers

Tehran, July 27, IRNA - Iran’s Petroleum Ministry authorized potential financiers of Siraf Refining Park project to sell products including naphtha in world markets.

The ministry will allow investors choose their markets for exporting products, SHANA reported on Sunday.

Market studies have to be conducted by investors first before they start building gasoline production and other naphtha downstream units.

The refining park project involves eight gas condensate refineries in Pars Special Economic Energy Zone (PSEEZ) in southern Iran.

The project targets 480,000 b/d of gas condensate production with each refinery accounting for 60,000 b/d.