Friday, October 7, 2022

Iran Eyes 3.1 mbd of Refining Capacity

Iran will add 1.8 million barrels per day to its refining capacity to bring it to 3.1 mbd once several refinery projects come on-stream across the country, a senior petroleum official said.
Addressing an expert panel in oil conference in Tehran on Saturday, Abbas Kazemi, managing director of National Iranian Oil Products Refining and Distribution Company (NIOPDC), said some of these projects are Persian Gulf Star Refinery, Siraf Comprehensive Refinery Project and Anahita Refinery.
The refineries will process crude oil, gas and condensates, he said, adding the projects are prefect examples of materialization of the policies of Resistive Economy.

“Promoting energy use optimization, preventing sale of crude oil and gas, strengthening the economy against foreign assaults like sanctions, and bolstering national self-esteem and confidence are some of the policies that NIOPDC is seeking to realize,” the official said.
He further said 24 million liters of the country’s daily gasoline consumption (71ml/d) is Euro-4.

For gasoil, with daily consumption of 79 ml/d, 24 ml/d is supplied from Euro-4 gasoil supplies, he added.

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