The new refinery, estimated to cost 2.6b euros, will have the capacity to process 210,000 b/d of oil, SHANA quoted deputy petroleum minister Abbas Kazemi as saying on Wednesday.
Kazemi, who is also managing-director of National Iranian Oil Refining and Distribution Company (NIORDC), said decrepit facilities at Abadan refinery will be phased out after the new facility has been constructed.
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