57845
Iran's Star Refinery to Boost Euro-4 Gasoline Supply
Iran's Star Refinery to Boost Euro-4 Gasoline Supply

Iran's Star Refinery to Boost Euro-4 Gasoline Supply

Iran's Star Refinery to Boost Euro-4 Gasoline Supply

The launch of the Persian Gulf Star Refinery (PGSR) in south Iran will significantly increase the number of cities that receive Euro-4 quality gasoline, a senior official said.
Abbas Kazemi, deputy oil minister for distribution and refining affairs, told state TV that upon the launch of the PGSR's first development phase, major cities including Shiraz (Fars Province), Ahvaz (Khuzestan Province) and Bandar Abbas (Hormozgan Province) will  receive a steady supply of higher grade gasoline, Mehr News Agency reported. 
The first phase of the Star refinery in Hormozgan is expected to get into full swing by March. 
According to published reports, the cities of Qom, Chabahar, Yazd, Kerman, Bushehr and Rafsanjan are now receiving limited amounts of Euro-4 gasoline.
First phase of the refinery will have a capacity to process 120,000 bpd of gas condensate, a type of ultra light crude oil.
The refinery is owned by Oil, Gas and Petrochemical Investment Company (49%), Oil Industry Pension Fund Investment Company (33.1%) and National Iranian Oil Refining and Distribution Company (17.9%).
Once fully operational, the refinery will produce 36 million liters per day of high-octane gasoline and 14 million ml/d of diesel. Other products include 4 ml/d of liquefied petroleum gas (LPG), 3 ml/d of jet fuel and 130 tons a day of sulfur.
The project's second phase is expected to come on stream six months after the launch of the first development phase.
The refinery’s products are expected to be sold domestically due to high quality and other refineries’ output will be exported. Completion of the project has been delayed several times due to a lack of funds.
International sanctions adversely affected the development of the project, but the refinery gained fresh impetus following the easing of economic, banking and trade restrictions in January last year.

Short URL : https://goo.gl/GV3BCV
  1. https://goo.gl/QdspkJ
  • https://goo.gl/ekqU25
  • https://goo.gl/ZXc90r
  • https://goo.gl/qJ5Fk6
  • https://goo.gl/DtJQuU

You can also read ...

Record Oil Output Does Not End US Import Dependence
In the first week of July, US net imports of petroleum...
Zanganeh: OPEC Members Not Allowed to Pump Above Target
Iran’s Oil Minister Bijan Namdar Zanganeh in a letter told his...
Brent slid 30 cents at $75 a barrel.
Oil prices slipped on Monday as concerns about supply...
Chinese Oil Demand Growth to Slow
Oil demand growth in the world’s biggest oil importer—China—is...
Gas to Overtake Oil
Natural gas will account for a major part of energy basket in...
Green Petrochem Units to Be Exempted From Pollution Tax
Petrochemical companies that reduce carbon emissions and are...
Tehran Power Outages Hampering Industries
Frequent power outages in Tehran have adversely affected...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus