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To: gandalftb
That's why Iran, is now building their FIRST refinery.

Iran already has nine refineries in Tehran , Tabriz , Isfahan , Abadan , Kermanshah , Shiraz , Bandar Abbas , Arak and Lavan Island. They just don't meet the countries demand.

http://www.eia.doe.gov/cabs/Iran/Oil.html

http://www.nioc.org/subcompanies/niordc/index.asp

29 posted on 08/15/2008 5:10:27 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
Agreed, I should clarify:

Iran does have refineries, but none are primarily for the production of gasoline.

Abadan, in 2012 will be their first. Iran mainly does heavy crude processing. They import most of their gasoline as they couldn't justify building their own refineries for what they could buy gas from the Saudis, that was my point.

However, now, the world demand for gas has increased to the point that Iran can't out bid the rest of the world and imports of gas are limited, they are rationing and they are the second largest oil producers in the world.

All because the Saudis are the masters of refining.

The Saudis have screwed up by letting the spot price of oil get so high that others can now justify alternative fuels and new refineries.

34 posted on 08/15/2008 7:36:00 AM PDT by gandalftb ("War educates the senses" (Emerson))
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