Tag Archives | Persian Gulf Star Refinery

New Gas Condensate Refinery Comes on Stream

The first phase of a new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) came into operation on Sunday. The ‘Persian Gulf Star’ gas condensate refinery came on stream during a ceremony held in the southern province of Hormozgan on Sunday with Iranian President Hassan […]

New Refinery to Make Iran Exporter of Gasoline

A new gas condensate refinery constructed in southern Iran by an entity affiliated with the Islamic Revolution Guards Corps (IRGC) will not only help meet the country’s domestic demands for gasoline, but also allow for the export of petroleum, the commander of the IRGC announced. After coming into operation, the ‘Persian Gulf Star’ gas condensate […]

IRGC Construction Base to Finish 10 “Mega-Projects”

Commander of Khatam al-Anbia Construction Base, a conglomerate belonging to the Islamic Revolution Guards Corps (IRGC), said it is going to complete ten major projects in the new Iranian year, which began on March 21. The ten mega-projects are of great significance from a national viewpoint, General Ebadollah Abdollahi said in a meeting with the […]

Iran Stopping Gasoline Imports

Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi says that after 36 years, Iran will stop gasoline imports. Kazemi told Shana, “Regarding the refining projects on stream, this year will be final year of offloading gasoline in Iranian ports and as of next year, the import of such a […]

Iran to be Self-Sufficient in Gasoline

Spokesman of Parliament Energy Committee, Assadollah Gharakhani, says once the first phase of Persian Gulf Star Refinery is complete, the country will be self-sufficient in gasoline and will no longer need to import it. Gharakhani told Shana that the refinery will use gas condensate as its feedstock to produce gasoline He said producing high quality […]

Production of Oil from Caspian Sea “Not a Priority”

Minister of Petroleum Bijan Zangeneh said on Tuesday that production of oil from Caspian Sea is not a priority. Speaking in the Majlis (parliament) public meeting, he said that oil recovery from the Caspian Sea is on the agenda but it needs special equipments and experience to extract oil in deep waters of this region. […]

Persian Gulf Star Refinery to open by March 2017

The managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced that the Persian Gulf Star gas condensate refinery in south of the country will fully come on stream by March 2017. Since the start of implementation of the nuclear deal between Tehran and six world powers known as the Joint Comprehensive […]

Iran Plans big Oil-Refinery Expansion

Iran plans to build five new refineries over the next four years to increase capacity from its current level of 1.85 million bpd to about 3.2 million bpd. Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) told Bloomberg that the country also needs about $14 billion in investment to […]

Minister Updates on Refinery Developments

Iran is to start operating the first phase of Persian Gulf Star Refinery during the second half of the next Iranian calendar year which begins on March 21. The Deputy Petroleum Minister, Abbas Kazemi (pictured), told Shana that the refinery will start producing high-octane gasoline. The Minister, who is also the Managing Director of the […]