by Hashem Kalantari

Iran is looking for domestic and foreign investment in a $25 billion scheme to double oil and gas refining capacity by 2015, Oil Minister Gholamhossein Nozari said on Saturday.

"These developments projects fall in five categories with a total production capacity of 1,750,000 barrels per day (bpd) and an estimated cost of $25 billion," Nozari told an oil conference in the Iranian capital.

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Posted by boyang at October 11, 2008 6:34 AM