2nd Phase of Abadan Oil Refinery to Be Put into Operation

2nd Phase of Abadan Oil Refinery to Be Put into Operation

TEHRAN (Tasnim) – The second phase of the development plan of Abadan Refinery, with the production capacity of 210,000 barrels of crude oil per day (bpd), will become operational on Friday, March 17, in a ceremony to be attended by Iranian President Ebrahim Raisi.

With the completion of the design, construction and installation of the largest distillation unit in West Asia, the second phase of the development plan of Abadan Oil Refinery will be put into operation on Friday.

As the first oil refinery in the Middle East, Abadan Oil Refinery is as old as 110 years and is considered as an important refining hub of the country.

Construction of Abadan Oil Refinery’s second phase has been completed thanks to the  high technical know-how and knowledge of expert domestic engineers as well as taking advantage of the world’s most modern technologies.

The renovation of the refinery has taken place in two stages, the first stage of which was put into operation in 2005 with the construction of the new refining complex with a production capacity of 150,000 barrels of oil per day (bpd) while the second phase of this giant project was launched in July 2017 with the construction of a new refining complex with the capacity of 210,000 bpd.

The second phase of Abadan Oil Refinery would be put into operation with a cost of $1.2 billion. It has the capacity of producing 210,000 bpd of oil.

Promoting the quality of the products according to EURO-5 standard, reducing environmental pollutants, reducing the mazut production percentage from 45 to 26, increasing liquefied gas production by 53 percent, oil gas by 23 percent,  and gasoline by 6 percent and also generation of direct employment for 7,000 job-seeking people are among the objectives of the second phase of the development plan.

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