Financial Tribune - Oil Minister Bijan Namdar Zanganeh says his ministry is ready to issue licenses for constructing small oil refineries in the border regions. "Building refining centers with a maximum 100,000 barrels per day capacity near the borders can help the country expand economic ties to neighbors and also circumvent the unilateral US sanctions,...

IRNA - Deputy Minister of Petroleum for Refining and Distributing pointed out the progress made in the production of petroleum products in refineries, and said for the time being 120 million liters of Euro 5 gasoline and gasoil are produced daily. Alireza Sadeghabadi said on Sunday at a news conference at the venue of the Bandar Abbas Oil Refinery ...

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. Operator of SP 13 project Payam Motamed was quoted by SHANA as saying that the refinerys full gas sweetening capacity was operational as its 4th and last train had come online. He said the train ...

IRNA Iran will increase its gasoline output to 100 million liters per day, Oil Minister Bijan Zangeneh said. In the near future, the third phase of Setareh Khalij Fars Refinery will come into stream; therefore, the volume of oil production will rise to 100 million liters per day, Zangeneh said. He noted that the nominal capacity of the third phase ...

SHANA -The Research Institute of Petroleum Industry (RIPI) has signed an agreement with a private company to join a refinery project in Qeshm Free Trade Zone. The deal is aimed at cooperating in investing, designing, constructing and commissioning an oil refinery in Qeshm Free Trade Zone. The agreement was signed on Saturday based on which RIPI ...

FNA - An Iranian official announced on Monday that some Chinese companies have voiced their willingness to construct an oil refinery in Northern Iran. Deputy Governor General of Mazandaran for Economic Affairs Hassan Kheirianpour made the remarks after meeting with an economic delegation representing of Chinese companies and investors from Jiangxi ...

Tasnim Six people suffered minor injuries after a fire broke out at a petrochemical unit in an oil refinery in the Iranian southwestern city of Abadan. Firefighters rushed to the scene at the citys oil refinery after it caught fire late on Wednesday, according to Abadans Fire Department. The firemen are still trying to bring the blaze under control,...

IFP - A Chinese company is set to build an oil refinery in Irans northern province of Mazandaran with a $2 billion investment. Mazandaran Provinces Director General for Economic and Financial Affairs, Mousa Qaempisheh, said the Chinese company has already obtained the legal licence and carried out all administrative procedures to construct ...

Xinhua- Iran and Japan are in talks to sign a deal worth 2.13 billion U.S. dollars to renew Iran's Abadan oil refinery, the refinery company said Saturday, according to semi-official Fars news agency. Japan's JGC Corporation Engineering Company will develop the refinery, said Esfandiar Daemolzekr, managing director of Abadan Oil Refinery Company,...

January 8, The Iran Project Irans deputy petroleum minister says the country is trying to improve refineries and reduce fuel oil production capacity with the collaboration of South Korean and Japanese companies. Describing the investment opportunities in Iran's oil refining industry in post-sanction era, Abbas Kazemi, the Managing Director of the ...

Reuters- An Indian Oil Corp unit plans to invest $5.5 billion to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000 barrels per day (bpd), its chairman said, to help meet a surge in demand for refined products in the world's fastest growing major economy. The Nagapattinam plant operated by IOC's subsidiary Chennai ...

TEHRAN, Aug. 23 (MNA) Deputy Iranian oil minister has voiced Irans readiness to construct joint oil refineries in the neighboring country of Afghanistan. Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi said a new storage tank will soon come to stream in South Khorasan Province saying Birjand Oil ...

Indonesia will study a proposal from Iran to build an oil refinery, along with bids from other countries, as it seeks to boost refining capacity to catch up with rising consumption. Iran proposed a plant with processing capacity of more than 100,000 barrels a day and pledged to provide the crude, IGN Wiratmaja Puja, director-general of oil and gas ...

SARI, Jun. 26 (MNA) Iran and Kazakhstan will participate in a project on constructing a joint oil refinery in Amirabad Port in Mazandaran province, head of Industry, Mine and Trade Organization of Mazandaran said on Sunday. Mohammad Mohammadpour, Head of Industry, Mine and Trade Organization of Mazandaran, in a meeting with a Kazakh trade delegation ...

TEHRAN, June 19 (Shana) Iranian refiners produced 1.83 million barrels per day of refinery items in the current Iranian calendar year which began on March 20, a senior refinery official said. Speaking to Shana, Shahrokh Khosravani, deputy managing director of the National Iranian Oil Refining and Distribution Company (NIORDC), said the production ...

Iran will seek international investors for a $3 billion refinery project in the countrys south as the Persian Gulf nation looks to boost sales of its oil and natural gas products in Asia. Therefining complex on Irans Persian Gulf coast will seek to raise as much as 80 percent of the capital needed from international partners or financiers, Alireza ...

  TEHRAN, April 17 (Shana) - 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 ...

Iran said on Friday that it is working with Asian investors and builders to revamp several of its key refineries. Abbas Kazemi, the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC), told the domestic media that an agreement has been signed with companies from South Korea to renovate the refineries in Isfahan ...

Iran and Spain are discussing a plan to build a joint oil refinery, which will be finally owned by Iran, at the Gibraltar Strait The announcement was made by the Spanish foreign minister on Monday, just two days after sanctions against Islamic Republic were lifted, Reuters reported. Foreign Minister Jose Manuel Garcia-Margallo said he hoped ...

Iran is in talks with foreign companies for an extensive revamp of its oil refineries which are in dire need of upgrade after years of draconian Western sanctions. Talks have been held so far with Japanese and Korean firms to invest in Irans renovation and improvement of oil processing facilities, head of the National Iranian Oil Refining and Distribution ...