26 May 2015 - 13:01
  • News ID: 241664
A Foreign Company in charge of Siraf HSE Studies

TEHRAN May 26(Shana)--Managing director of Siraf Refineries Infrastructure Co. says conducting environmental studies pertaining to Siraf refining project has been granted to a prominent international company.

Speaking to Shana, Alireza Sadeghabadi said the initiative should be considered as a sort of investment due to importance of being aware of environmental consequences.  

The private sector needs assurances that its investment in the project won’t encounter any problem so it looks to the study as part of a process to protect its investment, he told Shana.   

Siraf refining project includes building 8 mini refineries each with production capacity of 60 thousand barrels per day.

Shareholders, capital market and National Development Fund are the main financiers of the project.

Siraf project with 3 billion dollars investment has been divided into 8 mini refining projects in order to facilitate private sector’s investment.
News ID 241664

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