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Post-JCPOA Achievements

The following items are some cooperation agreements made during post-JCPOA era;

 Signing MOA with South Korean Hyundai Company (May 2016) to study a project of reducing Mazutproduction in Tehran Refinery, signing MoUs with the following companies (2014-2016) to construct the refineries in their countries: STR Companies in Brazil, Magtel Company in Spain, Quantum Group Limited in Ghana and Sierra Leone Oil Company.

The negotiations with the following companiesto carry out the economic/technical feasibility studies regarding improving the quality of the products and reducing Mazutare in the final stage:

Negotiation of Abadan Oil Refining Co. with Japan JGC and Marobeni companies; negotiation of Tehran Oil Refining Co. with Japan Mitsui and JGC companies; Esfahan Oil Refining Co. with South Korea Dailem Company; Tabriz Oil Refining Co. with South Korea SK Company; Bandar Abbas Oil Refining Co. with Chiyoda and Marobeni Companies.



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