TEHRAN (NIORDC)
With the presence of the Ministers of Oil and Economy, the Memorandum of Understanding of the Radiation Pipeline for the construction of a

strategic pipeline for the transfer of petroleum products from Rafsanjan to the holy city of Mashhad entitled Radiation Pipeline 

(Eastern Bazaar Energy Supply) this morning (December 16) between the National Refining and Distribution Company Petroleum products of Iran and Bank Mellat were concluded.

The duration of this project is 4 years and according to initial estimates, its investment will be 372 million euros.