(MENAFN) Iran is conducting negotiations with the West African country of Sierra Leone to construct an oil refinery, according to latest reports.

Iran is definitely busy in closing deals with top global oil firms, as it's also holding talks with nations in Europe and Asia to build or purchase refineries.

Iran will first build oil storage depots in Sierra Leone, followed by the construction of the refinery, according to the National Iranian Oil Engineering Company.

Generally, it's worth mentioning that It, the Islamic Republic has been paying close attention to growing business and trade relations with African countries.