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Iran gets new processing unit

President Pezeshkian inaugurates a mega-scale project.

Industry

The Central Treatment and Export Plant (CTEP) has been recently launched in Iran as the largest central processing unit in the country 

While inaugurating this mega-scale project, President Pezeshkian acknowledged the role of the Ministry of Petroleum, speaking of the consistent and determined efforts of the expert team of engineers and specialists.

The CTEP will serve as one of the strategic infrastructures of the National Iranian Oil Company in the West Karun fields. It has been established with an aim of advancing a sustainable capacity for processing, transporting, and stabilising crude oil from the South Azadegan Oilfield and other neighbouring fields. It will act as a bridge between production and development phases of West Karun, ensuring sustainable and safe oil production from the joint fields.

This project is the main artery for processing and transporting oil from West Karun. The importance of CTEP goes beyond South Azadegan Field and provides a platform for increasing production in other fields in the region. 

According to data and analytics expert, GlobalData, Iran is likely to lead Middle East’s oil and gas trunk/transmission pipeline length additions from upcoming projects between 2023 and 2027, accounting for around 38% of the region’s total planned and announced pipeline additions by 2027.