Project Profile
Value: US$4 billion
Capacity: 375 thousand barrels oil
Start-up Year: February 1980
Location: 340 km south of Tehran
Area: 340 hectare
Isfahan (or Esfahan) Refinery was built with an initial design capacity of 200,000 bpd. Its first unit (distillation unit) came into operation in February 1980. Covering a 340 hectare area, the refinery was launched in 1979 and produces 23% of oil products of the country. The 375 thousand barrels oil refinery meets its feedstock through a 430 kilometres oil pipeline from Maroun oil region, 70 kilometres of Ahwaz city, south of Iran. The refinery was transferred to private sector in 2007 based on article 44 of the constitution. based on Iran’s Industrial Management Organisation’s statistics, Isfahan oil refinery was the biggest revenue maker company in the country in 2009 with selling 11 billon dollars of oil products.
The refinery is now undertaking improvements. The new gasoline making unit of Isfahan oil refinery has made progress by 85.5 percent and will come online up to the end of current Iranian calendar year on March 2013. The project includes making a naphtha hydrogen treatment unit, a catalytic conversion unit and an isomerization unit. Isfahan oil refinery’s gasoline production capacity would rise from 9 to 12 million liters per day and the quality of the gasoline produced by the refinery would be improved. Isfahan oil refinery is currently producing 87 octane gasoline which will be boosted to 90 and 95 octane gasoline after launching new gasoline making unit. Gasoline making unit of Isfahan oil refinery is part of a development plan which is underway through cooperation with domestic contractors. The project also plans to reduce fuel oil production, increasing gasoline production and improving the quality of products produced by the oil refinery along with observing environmental criteria.
Operators:
National Iranian Oil Refining & Distribution Company (NIORDC): Operator with 100% interest