Iran to build oil refinery in Gwadar: Dr Asim

ISLAMABAD: Iran in cooperation with Pakistan state oil (PSO) will build an oil refinery at Gwadar, Petroleum Advisor Dr Asim Hussain.

Talking to mediamen after holding a meeting with Iran's Minister of Oil Rostam Qassemi, Dr Asim said that the refinery would refine 400,000 barrels of oil per day. He added that President Asif Ali Zardari would soon visit Iran to finalize the agreement in this regard.

To a question he said that a Pakistani delegation would visit Iran to finalize Engineering Procurement and Construction (EPC) agreement on Iran-Pakistan gas pipeline project.

Earlier Dr. Asim Hussain held a meeting with Iranian delegation led by Iran's Petroleum Minister Rostam Qassemi at a local hotel. During the meeting various expert groups were set up to discuss bilateral cooperation in energy sector.