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Iran Invests 16 Euros in Major Refining Projects

TEHRAN (NIORDC) __ The CEO of the National Iranian Oil Engineering and Construction Company said more than 16.5 billion Euros will be invested in two important refining projects in the country: Shahid Soleimani with 300,000 barrel per day of capacity and Khuzestan Refinery with 180,000 barrel of capacity.

According to National Iranian Oil Refining and Distribution Company (NIORDC), Farhad Ahmadi, addressing a press conference, described the ongoing projects as follows: "The country"s largest distillation unit at Abadan Refinery with a capacity of 210,000 barrels will be commissioned during the first half of the coming Iranian calendar year which starts on March 21.

Ahmadi stated: "9 refining projects are being implemented in this company, which will be finalized in the next 6 months."
7 major refining projects, including the hydrogen treatment unit of Isfahan Refinery, are being implemented in the company which has made 10% progress in the past 6 months.
According to Ahmadi, the Abadan refinery development project is another important project of the company, which has now made 86% physical progress.

Regarding the fact that Nain-Kashan-Rey pipeline will come online by April, he added: "The Bandar Abbas-Sirjan-Rafsanjan pipeline, with a length of 400 km, will be implemented in 4 sub-projects."
Ahmadi stated: "The fuel pipeline to Chabahar Power Plant will be put into operation by April."
He continued: The decision to build Shahid Soleimani oil refinery has been announced this week. The investment required for this project is more than 10 billion Euros.

Ahmadi said Khuzestan refinery construction project, completion of phase 2 of Abadan refinery development project with 1.7 billion Euros investment, Tabesh pipeline with 372 million Euros investment, Pars pipeline with 106 million Euros investment and construction of Abadan-Mahshahr pump house are the new projects of the company.

According to him, the required investment for the new project for the construction of the Khuzestan refinery is estimated at $4.5 billion, and its design and implementation operations will begin next calendar year.


09:16 - 10/03/2022    /    Number : 13575    /    Show Count : 689