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News > NIORDC to Ink Refinery Deal with SINOPEC in Feb.

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NIORDC to Ink Refinery Deal with SINOPEC in Feb.

TEHRAN,  (Shana)

  NIORDC Managing Director Abbas Kazemi said his company has recently signed a deal with the Chinese company for completion of the refinerys first development project. 

Addressing reporters on Tuesday, Kazemi said the deal will be signed in February in the presence of Chairman of China Petrochemical Corporation (Sinopec Group) Wang Yupu. 

The official also said that the letters of credit (LCs) for construction of the project have been secured. 



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