January 14, 2022 18:01

Qeshm Crude Refinery Operational

Completed at an estimated cost of $220 million, the refining complex has a processing capacity of 35,000 barrels of heavy crude per day

President Ebrahim Raisi on Friday officially launched Phase 1 of Qeshm ultra-heavy crude oil refinery in southern Hormozgan Province.
Built by Pars Behin Palayesh Naft Qeshm Company, a subsidiary of the Pasargad Energy Development Company, the facility will produce bitumen and light petroleum products.
“Costing $220 million, the refining complex has a processing capacity of 35,000 barrels of heavy crude per day,” Oil Minister Javad Owji was quoted as saying by IRNA.
Located on Qeshm Island in southern province, it took eight years to build on a 45-hectare plot with the help of domestic engineers.

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