Middle East

Iran keen to invest in Indonesia’s O&G sector

Jakarta: Iran will build an oil refinery in Indonesia and also supply crude oil to the country.

Naryanto Wagimin, acting director general for oil and gas of Indonesian Energy and Mines Ministry told reporters that Iran also plans to build liquefied natural gas (LNG) and petrochemical refineries in Indonesia.

He said, "Iran wants to build many refineries, such as oil refinery, LNG refinery and petrochemical refinery … It would also supply crude oil, including the crude oil for the refinery it plans to build."  [07/11/14]

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