December 25, 2018 18:48

Chinese, Iranian Companies Expanding Abadan Refinery

With a production capacity of 210,000 barrels per day, the new unit will elevate the quality of gasoline and diesel to Euro-5 standard

Two Iranian and Chinese companies are moving ahead with the development of Abadan Oil Refinery, Iran's oldest crude processing facility in oil-rich Khuzestan Province, said the managing director of the refinery.
“China's Sinopec Engineering Company and Oil Design and Construction Company from Iran are involved in developing the second phase of the refinery, which includes a new crude distillation plant to replace three old units that were built 70 years ago,” Iran Petronet news website quoted Ali Akbar Mirqaderi as saying.
The rehab project is aimed at enhancing the quality of products and improving their compliance with international standards.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Iran-China Relations