Work begins on new refinery in South Iran

A new oil refinery project in Omidiyeh, located in southern Iran, has begun.

The project contractor said the project was approved by the president on his tour of Khuzestan province. He added that this refinery will have a capacity of producing 180,000 barrels of light and heavy crude oil. The project will be carried out by the private sector, with an investment of more than US$2.6 billion.

Mr Iranpur said that the project will be completed in four years. He said the refinery is situated 7 km from Omidiyeh and will be producing liquid gas, normal petrol, aircraft fuel, paraffin, diesel fuel, fuel oil, oil coke and sulfur.

He said the project will create 3,700 employment opportunities for young people of the region.