Economy & Politico

Iran builds 1st refinery in Venezuela: oil minister

The oil minister Jawad Owji announced the launch of the first refinery built by Iran overseas called  El Palito refinery in Venezuela.

Owji said that refinery has the capacity of refining 100,000 barrels of crude oil from the country’s fields.

Meanwhile, the Iranian minister said that after building the refinery in Venezuela, constructing other refineries will be pursued in other countries.



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