INSUBCONTINENT EXCLUSIVE:
(2021-2026).The decision was made in an extraordinary meeting of the council on Tuesday which was held under the chairmanship of Sadegh
Amoli-Larijani and with the presence of the secretary and the majority of the members of the council, Shana reported.In this meeting, the
assembly continued to discuss and review the general policies of the Seventh Five-Year National Development Plan.The assembly was also
attended by Oil Minister Javad Oji and his deputies, the head and deputy head of the Planning and Budget Organization (PBO), the head of the
came as the attendees of the gathering emphasized that the sales of crude oil and gas should be reduced and the crude oil and gas should be
refined to produce products with more added value.Iran has been following new strategies to build more petro-refineries across the country
development of petro-refineries is much easier and relatively cheaper in Iran than other countries in the world, and the country can play a
role in regulating the price of petrochemical products in the world due to its proximity to energy sources and its capacity for the
development of petro-refineries.Earlier this week, major Iranian banks signed memorandums of understanding (MOU) with domestic companies to
provide $17.8 billion for the construction of a large-scale refinery and a petro-refinery in southern Iran.The MOUs for the funding of
Morvarid Makran Refinery and Shahid Ghasem Soleimani Petro-refinery, each with a total processing capacity of 300,000 barrels per day (bpd),
were signed by the representatives of the mentioned entities on Monday, in a ceremony attended by Oji and President Ebrahim Raisi.EF/MA
