Oil minister: Iran intends to build small refineries in some African states

Iran Materials 3 September 2012 10:20 (UTC +04:00)

Azerbaijan, Baku, Sep.3/ Trend F.Milad/

Iranian Oil Minister Rostam Qasemi said the country is considering the construction of small refineries in some African countries.

The Fars news agency quoted Qasemi as saying that on the sidelines of the Non-Aligned Movement summit in Tehran, he had negotiated with oil buyers, mainly India, African and Central Asian states, on oil export conditions in the future.

He said that exports of domestically-made oil equipment as well as exports of technical and engineering services were also discussed with oil buyers.

Iranian Economy Minister Shamseddin Hosseini has said India will maintain energy ties with the country. Iran held economic talks with some Arab members of the Non-Aligned Movement during a summit last week in Tehran, he said in an interview with Bloomberg

"Iran and India had some economic bilateral meetings during the NAM meeting. India considers Iran as an energy-producing source and it is so vigilant in using Iran as one of its energy sources. The Indian government bravely announced several times that it will constantly continue its energy trade with Iran."

"One of the best discussed subjects related to energy was building power plants, dams and exports of electricity," he said.