Malaysian company refuses to finance oil refinery factory to be constructed in Shiraz, Iran

Malaysian company refuses to finance oil refinery factory to be constructed in Shiraz, Iran
# 11 August 2012 07:56 (UTC +04:00)
Baku. Konul Jafarli – APA. Malaysian Fetrofield Company refused to finance oil refinery factory to be constructed in Shiraz, Iran, said the Deputy Iranian Deputy Oil Minister Alirza Zeygami, Mehr agency reported. According to him, Malaysian company abolished the contract with Iran unilaterally: “Therefore, Iranian local companies will construct the factory”.

Note that, the project costs $1,300,000,000.
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