Mokran Negin Petroleum Refining Company(MNPRC) is wholy owned by SHASTAN Investment-Trading Company. Petro-refinery will be located along the Persian Gulf and Oman Sea to prevent selling of raw materials and in accordance to the law” Support in Development of Downstream Industries of Crude Oil and Gas Condensate using public funds. The project is in basic design stage. It is predicted that the project is going to be completed within 60 months. The products of the project include fuel and petrochemical products based on the latest international standards.