Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Dextron 5 Percent Stake, Hormuz Refinery Project

description

Romania's Dextron has been granted a 5% concession in the modernization and expansion of the Hormuz Refinery.  95% of the 6 billion euro contract was awarded to the Oil Industries Engineering and Construction Company of Iran (OIEC).

  • Country: Romania
  • Client: Oil Industries Engineering and Construction Company of Iran
  • Contractor: Dextron
  • Amount (Current Dollar Value): 300 million euros

Status

  • Current Status:
  • Discussion Date:
  • Contract Date: Sun, 2009-07-12
  • Completion Date:

Citation

1. "Chinese firms to help up Iran's refinery output," Press TV, July 12, 2009. Available at http://www.presstv.ir/detail.aspx?id=100513&sectionid=351020103.

2. "No Decline in Oil Demand", Iran Daily, July 14 2009. Available at http://www.iran-daily.com/1388/3446/html/economy.htm.

All projects by Dextron