A development project to expand and renovate Abadan Refinery in Khuzestan Province has registered 80% progress and its completion is expected in 2022.
Costing $3.2 billion, the venture includes the installation of a new crude distillation unit to replace three old units built 70 years ago, ISNA reported.
The new unit will have a production capacity of 210,000 barrels per day, which is 40,000 less than the combined capacity of the three decommissioned units but will elevate gasoline and diesel quality to the Euro-5 standard.
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