Report updates Iran’s refinery project status

Iran has announced many refining and upgrading projects to increase the supply of transportation fuels. Many of these projects, however, will not proceed due to lack of funding. A recent report, “Iran’s Gasoline Imports and US Politics: An Update on Iran’s Refining Buildup,” discusses Iran’s refining projects and evaluates the likelihood of completion for each one.The report from FACTS Global Energy, Singapore, notes that expansion and upgrading projects currently under way are likely to be completed. New refinery projects, to supply both exports and domestic demand, are having difficulty obtaining funding.Gasoline demand, politicsAccording to the report...

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