The construction of Persian Gulf Mehr Petro-Refinery, with a processing capacity of 120,000 barrels per day, is underway in Hormozgan Province to meet the rising demand for gasoline.
Located next to the Persian Gulf Star Refinery (the largest refinery in Iran), the project has registered 55% progress and is expected to be completed by 2025, ILNA reported.
With the launch of the facility, whose feed will be supplied from the South Pars Gas Field, 13 million liters of gasoline, 3 million liters of diesel and 1 million liters of kerosene will be added to the daily production capacity of the country.
The petro-refinery, which has been under construction by Iranian engineers for about three years, is estimated to cost over $660 million.
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