Chinese investment in Abadan Refinery at $2b

January 15, 2019 - 20:22

TEHRAN - Alireza Sadeq-Abadi, the managing director of National Iranian Oil Refining and Distribution Company (NIORDC) said China has already made some $2 billion of investment in the development project of Abadan Refinery in southwest of Iran.

As reported by IRNA on Tuesday, the official noted that NIORDC is in talks with several other renowned foreign companies in order to attract investment for renovating and overhauling refineries of the country.