Iran is building two condensate plants and has dusted off plans for a refinery as it seeks western technology and capital once sanctions are lifted.

Iran’s Ministry of Petroleum has announced the start of civil works on the long-planned 150,000 b/d Anahita refinery in the western Kermanshah province. The ministry’s Shana news agency says the delayed project has been put back on the agenda by President Hassan Rohani’s government, with the aim of increasing sales of value-added products at the expense of crude while boosting local supplies. (CONTINUED - 773 WORDS)