Iran, Spain plan joint oil refinery at Gibraltar

Iran and Spain are discussing a plan to build a joint oil refinery, which will be finally owned by Iran, at the Gibraltar Strait. The announcement was made by the Spanish foreign minister on Monday, just two days after sanctions against Islamic Republic were lifted, Reuters reported. Foreign Minister Jose…

Iran to invest in oil refinery in Spain

Deputy Petroleum Minister and Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi said on Saturday that Iran is to invest in construction of an oil refinery in Spain with the capacity of refining 200,000 barrels of oil per day. Kazemi told IRNA that the project…