Industry News

摘要

Iran, the world's fourth largest crude oil exporter, plans to boost shipments to the emerging markets of India and China it has been reported. NIOC, the Iranian state owned oil company, has recently sought a deal with refiner Reliance. The new facility run by Reliance is set to come online in 4Q 08. NIOC and Reliance already have an agreement to exchange crude exports for gasoline.