TEHRAN Feb 04(Shana)--The cabinet has ensured purchasing high quality products of oil refineries under a legislation it approved lately.Managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi made the remarks in an interview with Shana, adding the cabinet has set a five-year deadline for oil refineries for implementing upgrading plans and improving the quality of oil products they produce.
�Under the legislation, oil refineries are tasked with allocating 30 percent of their annual profits to implementation of upgrading plans in a five-year period and NIORDC should confirm their initiatives�, Kazemi said.

If oil refineries set aside 30 percent of their annual profit to improving the quality of their products and NIOPDC to confirm their plans, then their qualified oil products will be bought under the new formula, he noted.

Recently NIORDC announced that achieving eruo-5 standards was its top priority in next five years.

Director of integrated planning at NIORDC Shahaboddin Methaji told Shana those Iranian oil refineries that have not implemented an upgrading plan so far should take initiatives to improve the quality of their oil products.

He noted that upgrading the quality of oil products should be implemented along with a comprehensive plan for reducing pollution in the cities.

Tehran, Tabriz, Esfahan, Shiraz and Abadan oil refineries should complete their upgrading plans during the five year period of Six Economic Development Plan while development plans of Abadan and Esfahan which are currently underway with the aim of reducing fuel oil production should be able to finish the task during the period as well, he noted.

By SHANA

 
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