7 May 2015 - 12:36
  • News ID: 240209
China to Fund Abadan Refinery Project

TEHRAN May 07(Shana)--China is to provide finance for a development project at Abadan oil refinery in southwestern Iran, the project manager said.

Fardin Alamdari said at Tehran Oil and Gas Show that China is expected to account for 85% of the 2.5-billion-euro project.

He said China is to release the necessary credit in six months, adding that the project would take four years.

News ID 240209

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