100 percent shares of Khuzestan Oil Refining Company to be divested on 17th April 2018.

Public relation liaison of Iran Privatization Organization (IPO) reported 100 percent shares of Khuzestan Refining Company, accounting for 1 million number of shares will be put on auction sale by IPO on 17th April 2018.

The aforementioned number of shares with base value of 1,767,768 million Rials is to be sold in the form of 10 percent cash sale and 90 percent in 3-year installments.