IRAN: First int'l oil refinery meeting to be held in Tehran

The first two-day international oil refinery meeting will be held in Tehran from February 17-19 and will be attended by Iran's oil minister and minister of economic affairs and finance.

Managers of oil industry as well as representatives of more than 280 active Iranian and foreign companies involved in refinery and distribution of oil products will also participate in the event.

Speaking to reporters, Deputy Oil Minister and Managing Director of Iran's National Refinery and Distribution of Oil Products Company, Mohammad-Reza Nematzadeh, said that 83 foreign and 206 Iranian companies will attend the meeting.

Turning to the emphasis of the Fourth Five-Year Economic Development Plan on supplying domestic demands for oil products and fuel as well as the predicted investment of 15-20 billion dollars in the oil sector in the next six years, he said that this will materialize through holding conferences for attraction of domestic and foreign capitals and introducing Iran's domestic potentials to the world.

He referred to heavy and ultra heavy oil in the world and their refinement method as some of the matters that Iran is expected to face at Soroush, Nowruz and Yadavaran oil fields in future.

Nematzadeh said that refinement and application of heavy and ultra heavy oils will be among the issues to be discussed at the upcoming meeting.

"Modern technologies in refinement, capacity building, standardization and environment, safety and health at refineries, investment, financing and economy in the domain of refineries will also be on the agenda of the event.

"Besides, equipment and their connection with efficiency and improvement of production, construction engineering and contracting affairs will be discussed during the two-day gathering," he added.

He noted that the seminar will be attended by companies from Algeria, China, Bahrain, Denmark, France, Germany, Greece, India, Indonesia, Italy, Japan, Malaysia, the Netherlands, Oman, Pakistan, South Korea, Britain, the US and a few other countries.

Concerning participation of US companies in the meeting, he said that the American IFQC institute, which is specialized in quality and standards, as well as ASCAC engineering consulting company will attend the meeting.

"On the sidelines of the event, an exhibition aiming to introduce the potentials of Iranian enterprises to representatives of foreign companies attending the meeting will be held.

"Some 45 Iranian and three foreign companies will participate in this exhibition," he concluded.

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