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Indonesia, Iran to work on oil fields, build refinery

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/12/2016 (13:08)
According to media reports, Indonesia will contribute to the development of two oil fields in Khouzastan, Iran, Ab Teymour and Mansoori oil fields, with Iranian counterparts. The country’s partnership with Iranian counterparts on the matter is expected to start in the near future.

The reports also revealed that the two countries reached another agreement to build an oil refinery in Indonesia worth $5 billion, which is expected to have a refining capacity of 300,000 barrels/day of crude oil.
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