Aras Free Zone Has Own Oil Refinery

A mini refinery opened in Aras Free Zone on Wednesday with annual capacity of 200,000 tons of petroleum, including gasoline, diesel, naphtha, kerosene and bitumen, managing director of Aras Free Zone said.
“In the first phase, the refinery produces 90,000 tons of oil-based bitumen per year,” IRNA quoted Mohsen Nariman as telling the opening ceremony.
The project cost $1.5 billion and was built in 10 months. Built on 30,000 square meters, the refinery receives crude oil and condensate as feedstock.
A part of it production will be used to feed downstream industries and a part for export to neighboring countries.