Article: Iran Ready to Set up Oil Refinery in Moldavia

Iran announced today that it is ready to set up an oil refinery in Moldavia as part of the economic cooperation between the two countries.

The statement was made by Iranian Commerce Minister Yahya al-Oshaq in response to a request by Moldavian Minister of Foreign Economic Relations Valleri Bobutac.

Bobutac, who is now in Tehran to participate in the 21st International Trade Fair, made the request in a meeting with the Iranian minister.

Iran's official news agency quoted Bobutac as saying that if Iran is willing to invest in constructing an oil terminal in Moldavia, his country too will make investment in the project through financial assistance ...

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