Free Headline Alerts     
Worldwide Web WorldTribune.com
Front Cover
Daily Brief
  • Hizbullah defeated in 2009 elections, but maintains power over Beirut
  • FBI's Washington office botched interrogation of airline bomb suspect
    • Recent Hits
    Real Times News
    Opportunities
    Take a Stand
    Letters
    Archives
    Blog Line
    World Links
    Population Clock
    Cartoon
    Greatest Hits
    Gertz File
    Advertising Info
    Editorial Board
    Advisory Board
    Contact Info
    What Rush Said
  • U.S. Pacific Command prevailed over NSC in urgent push for Taiwan arms sale
  • Korean spy agencies in secret talks to organize summit

    •   breaking... 


    Wednesday, June 4, 2008

    Iran commits to 7 refineries in bid to end exports

    NICOSIA — Iran plans to construct seven oil refineries in an effort to achieve energy self-sufficiency.

    A senior Iranian official said the refineries would increase capacity by more than 1.5 million barrels per day and end gasoline exports.

    The official said all seven refineries would begin operations by 2012, Middle East Newsline reported.

    "The construction of seven refineries has started with the investment of 15 billion euro," National Iranian Oil Refining and Distribution Co. director Aminollah Eskandari said. "About 1.56 million barrels will be added to the country's capacity to refine crude oil and gas derivatives."

    Also In This Edition

    NORTHEAST ASIA:

    China overtakes EU as Iran’s top trade partner

    Mideast / S. Asia:

    Khamenei: Iran anniversary 'punch' will stun West

    AFRICA/EUROPE:

    Sudan's Beshir quits army to run again for presidency

    In 2006, Iran launched a five-year program to increase domestic refining capacity from the current 1.65 to 3.3 million barrels per day. In 2007, Teheran imposed gasoline rationing in what officials said led to a sharp decline in imports.
    About Us     l    Contact Us     l    Geostrategy-Direct.com     l    East-Asia-Intel.com
    Copyright © 2008    East West Services, Inc.    All rights reserved.