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China offers $1.3bn financing for Iran refineryChina has opened a line of credit worth $1.3 billion to finance to renovate Abadan Oil Refinery in Iran, a top official said. "China's Export and Credit Insurance Corporation (Sinosure) has opened a $1.3-billion credit li More… |
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Iran awards $2bn refinery deal to Korea’s DaelimTehran has signed an agreement valued at $2 billion with South Korea's petchem giant Daelim Corporation to renovate and expand the Isfahan Oil Refinery, a top official said. The deal is aimed at reducing fuel oil production an More… |
