Iranian Oil Ministry Deputy Minister Ali Reza Zeyghami has big plans for remaking the Iranian refining network, with privatizations planned for seven plants, redevelopments and new construction targeted at six others worth US$21 billion in investment, according to reports. Zeyghami announced seven of the nation's oil refineries will be privatized, according to an August 28 article by the Islamic Republic News Agency (IRNA)-summarized in a BBC report.
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