By Mahnaz Abdi

Refining industry development for Iran’s stronger role in global energy market

TEHRAN- With the continued growth of the industrialization of countries, the need for energy, especially fossil fuels, has increased dramatically.

$18b to be allocated for development of refining industry

TEHRAN – Head of National Iranian Oil Engineering and Construction Company (NIOEC) Farhad Ahmadi said on Tuesday that 16.5 billion euros (about $18 billion) of new resources will be allocated for the development of the country’s refining industry, Shana reported.