Tehran, Iran, Feb. 3
By Mehdi Sepahvand – Trend:
Iran’s refineries that are to be built in Brazil and Spain are meant to use Iranian oil, Deputy Oil Minister Abbas Kazemi told ILNA February 3.
The construction of these refineries follows policies to improve Iran’s power to sell oil in international markets, he said.
For now there are plans to build refineries in Brazil and Spain, regarding which talks are underway, the official noted.
Hamid Sharif-Razi, the managing director at the National Iranian Oil Engineering and Construction Company (NIOEC), told Shana Feb. 8 that Iran already holds a 30-percent share in construction of a refinery with a capacity of 250,000 barrels per day in Malaysia, and Iranian side is in talks to buy a 40-percent share in another refinery in Indonesia with a capacity of 300,000 barrels per day.
Last year, Iran turned its sights on India, as Kazemi had said on Nov. 18 that Iran started talks to buy an equity stake in India's Essar refinery. However, a spokesperson for Essar Oil and Gas Ltd. told Trend that the company didn't have discussions on the sale of its shares to Iran.