Energy
0

Tabriz Refinery Taking Measures to Compete With International Rivals

Tabriz Refinery Taking Measures to Compete With International Rivals
Tabriz Refinery Taking Measures to Compete With International Rivals

Tabriz Oil Refinery in East Azarbaijan Province has invested $500 million in development projects over the last 10 years to be able to compete with rivals in international markets, managing director of the company said.
“Development plans carried out during the period include boosting crude processing capacity, building diesel refinery units, producing a wide range of lubricants, installing hydrogen pressure swing adsorption systems and constructing sulfur recovery units,” Gholamreza Baqeri was also quoted as saying by IRNA.
In addition to refining oil, the company produces at least 40 types of products ranging from gasoline compliant with Euro-5 and Euro-4 standards, diesel, jet fuel, naphtha, butane, hexane, kerosene, vacuum bottom, benzene, tar and antifreeze to various kinds of petrochemical catalysts.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com