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Refinery to increase Iranian gasoline production by eight million lpd

Exploration & Production

A senior oil official from Iran has said that the countrys premium gasoline production would increase by eight million litres per day (lpd) following the completion of a development project at a refinery near Shazand next month

Imam Khomeini Refinery director of capacity enhancement project, Rashid Seyedian, told Iranian TV network Press TV that the treatment facility’s output would double to 16mn lpd when the development has been completed in four weeks' time.

The daily treatment capacity at the refinery would rise from 170,000 to 250,000 barrels following the project's completion, while fuel oil production at the facility would decline.

"At present, the Shazand Imam Khomeini Refinery receives 250,000 bpd of feedstock," revealed Seyedian. "The operation of the new gasoline units would slash the production of low-value materials."

Farhad Ahmadi, managing director of the National Iranian Oil Engineering and Construction Company who has funded the US$3.3bn project, said that the upgraded refinery would help turn Iran into "the Middle East’s gasoline production hub".