Refinery Projects

Iran launches South Pars Phases 13, 22-24 Refinery

TEHRAN, Mar. 17 (MNA) – Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran.

Rouhani to launch 2 South Pars Gas refineries

TEHRAN, Mar. 13 (MNA) –President Hassan Rouhani will officially inaugurate gas refinery of South Pars Gas Field’s phases 13 and that of phases 22-24 on Sunday to take a major step forward in completion of the mega project’s development.

65% of equipment in Bandar Abbas Oil Refinery provided domestically

TEHRAN, Feb. 23 (MNA) – Chief Executive of Bandar Abbas Oil Refining Company Hashem Namvar said that 65 percent of equipment in Bandar Abbas Oil Refinery was provided in the country.

Inauguration of major projects in Iran ‘very painful’ for enemies: Rouhani

TEHRAN, Feb. 18 (MNA) – Iranian President Hassan Rouhani said that it is ‘very painful’ for enemies to see that Iran has managed to inaugurate major national projects despite harshest sanctions.

Rouhani inaugurates phase III of Persian Gulf Star Refinery

BANDAR ABBAS, Feb. 18 (MNA) – President Rouhani launched phase III of Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) and a project to enhance productivity of Bandar Abbas Oil Refinery on Monday.

3rd distillation unit of Isfahan Oil Refinery to come online

TEHRAN, Jan. 29 (MNA) – The CEO of Isfahan Oil Refinery said the plant would launch its third distillation unit on the occasion of the 40th anniversary of the Islamic Revolution.

Major petro-refinery to be built in Jask

TEHRAN, Jan. 29 (MNA) – Plans are under way to build a large petrochemicals and refining complex in Jask Island, Hormozgan province, by Bakhtar Petrochemical Holding.

Persian Gulf Star Refinery's 3rd phase to come on stream soon

TEHRAN, Jan. 28 (MNA) – The third phase of the Persian Gulf Star Refinery (PGSR) would be inaugurated concurrent with the ten-day celebration of Islamic Revolution in early February.

Deputy oil min.:

€2bn worth of FDI attracted in refinery sector

TEHRAN, Jan. 15 (MNA) – Deputy Oil Minister for Oil Products Distribution and Refining Affairs Alireza Sadeghabadi said that €2 billion worth of Foreign Direct Investment (FDI) has thus far been attracted for the development project in Abadan Oil Refinery.

BPCL to import 1mn barrels of Iran crude in February and March

TEHRAN, Jan. 13 (MNA) – India’s second largest refiner by capacity, Bharat Petroleum Corporation Ltd. (BPCL), plans to import 1 million barrels of Iranian oil in both February and March after a gap of three months, said R Ramachandran, director refineries of BPCL.

South Pars Phase 13 refinery ready to sweeten 56 mcm/d gas

TEHRAN, Jan. 02 (MNA) – The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced at the offshore phase in the Persian Gulf.

Iran’s production of Euro 4, 5 diesel fuel up by 75%: official

TEHRAN, Dec. 17 (MNA) – The launching of new hydrogen purification units at Bandar Abbas and Tabriz refineries has added 17 million liter of Euro 4 and Euro 5 diesel fuel per day, indicating a 75% increase in production.

Sinopec says halt in Iran crude buying to hit some refiners

TEHRAN, Aug. 29 (MNA) – A senior executive at Sinopec, the country’s largest refiner, said on Monday that some of its refineries will be negatively affected if it stops importing Iranian crude, in the first public comment by a senior Chinese oil executive about Washington’s decision to resume sanctions on Iran, Reuters news agency reported.

Oil min. confirms official exit of French Total from Iran

TEHRAN, Aug. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Mon. that the French Total has left South Pars project, adding that negotiations are underway to find a replacement.

Pres. Rouhani:

Persian Gulf Star refinery ‘exceptional’ project in region, world

TEHRAN, Jun. 28 (MNA) – President Hassan Rouhani said Thu. that Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is an “exceptional” project in the region and across the world.

Rouhani to open 2nd phase of Persian Gulf Star Refinery

TEHRAN, Jun. 27 (MNA) – Iranian President Hassan Rouhani will arrive in southern port city of Bandar Abbas, Hormozgan province to open the 2nd phase of Persian Gulf Star Refinery.

€100mn to be injected into Persian Gulf Star Refinery by year-end

TEHRAN, Mar. 03 (MNA) – Chief Executive of Persian Gulf Star Refinery Mohammad-Ali Dadvar said, “required documents have been provided for receiving the first installments, amounting to 40 million euro, but at least €100 million will be injected to the refinery before the termination of the current Iranian calendar year in 1396 (to end March 20, 2018).”

Company indigenizes catalysts for steel, petchem industries

TEHRAN, Jan. 01 (MNA) – Iranian scientists in a knowledge-based firm managed to produce 20 kinds of catalysts that can satisfy domestic demands in steel, petrochemical, petroleum and gas industries.

South Korea to finance Isfahan Refinery for optimization

TEHRAN, Dec. 30 (MNA) – Isfahan Refinery will get South Korea’s finance for the improvement process and optimization purposes.

SP 2nd Refinery generates 10.2 million gas condensate barrels

TEHRAN, Sep. 03 (MNA) – Head of South Pars Gas Field's 2nd Refinery said Phases 2 & 3 of the giant gas field said have been producing products in the current year with maximum capacity.

Russneft eager to bolster oil coop. with Iran

TEHRAN, Aug. 30 (MNA) – Deputy Iranian oil minister said Russneft was eager to launch cooperation with Iran on swap of crude oil as well as on expansion of Iranian oilfields.

South Pars yields 1,000bn cubic meters of gas

TEHRAN, Aug. 29 (MNA) – SPGC managing director said a total of one thousand billion cubic meters of sour gas have been recovered from South Pars platforms since the first day of operation.

SP phases 15, 16 yield 75k gas condensate bpd

TEHRAN, Aug. 07 (MNA) – An SPGC official said Phases 15 and 16 of South Pars joint field produce over 50 million cubic meters of sweet gas per day.

S Korea agrees to upgrade Iranian refinery

TEHRAN, Aug. 06 (MNA) – A Head of Agreement (HOA) worth 1.6 billion euros was inked between Iranian and South Korean firms to upgrade Tabriz Oil Refinery in northwest of Iran.

POGC’s 3rd refinery yields 24.5mn gas condensate barrels

TEHRAN, Jun. 26 (MNA) – The third refinery of south Pars Oil and Gas Company (POGC) produced 24,500,000 barrels of gas condensates in the previous Iranian year (ended March 20).

Setare Khalije Fars distributes 1st gasoline cargo

TEHRAN, Jun. 14 (MNA) – The first gasoline consignment produced at Setare Khalije Fars Gas Condensate Refinery entered the country’s distribution cycle on Monday June 12.

Flare gas burning drops by 48%

TEHRAN, May 17 (MNA) – SPGC head said the volume of burned flare gas in the country has dropped from 139 to 33 million cubic meters indicating a 48.5-percent decline.

Philippines to buy Iranian crude

TEHRAN, May 14 (MNA) – Director of Philippine National Oil Company (PNOC) has reported on purchase of 250 thousand barrels of crude oil from Iran aiming to supply feedstock to a new refinery complex.

Zanganeh:

Oil Ministry after recovery from joint fields

TEHRAN, May 06 (MNA) – Oil Minister Zanganeh said, South Pars Oil Layer, whose output had stood at zero, yielded 25 thousand barrels per day in the first Iranian calendar year (began March 21).