Brazil, India seeking Iran's joint venture in building refineries

May 10, 2015 - 0:0

TEHRAN- Brazil and India have declared their willingness for Iran's joint venture in construction and development of their refineries, an Iranian oil official said on Saturday. 

National Iranian Oil Refining and Distribution Company's Managing Director Abbas Kazemi said Brazil has requested creating a joint venture with Iran to construct a refinery in Brazil.

Also, India has sought creating a joint venture with Iran for the development of one of its refineries, Kazemi added.

He said Iran will supply crude oil to the mentioned Brazilian and Indian refineries, in case the two sides come to terms