8 Domestic Firms to Boost Oil, Condensate Processing Capacity

In line with policies to boost the processing capacity of crude and gas condensates, the Oil Ministry has issued licenses for constructing oil refineries and petro-refining complexes in the southern regions, the Oil Ministry's deputy for planning and economic affairs said.
"Eight domestic firms have been assigned to increase the National Iranian Oil Company’s oil and gas condensates output by 1.220 million and 240,000 barrels respectively per day over the next three years," Houshang Falahatian was also quoted as saying by ISNA.
Javid Energy Parto Company, a subsidiary of the Pasargad Financial Group, Parsian Oil and Gas Development Group and Pishgaman Siraf Refining Company have been tasked with constructing petro-refining complexes to process condensates, he added.