Tag Archives | Siraf Refinery Project

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 […]

Iran Eyes 10,000 Jobs in Major Refinery Project

The Siraf Refinery Project, comprising 8 gas condensate mini-refineries, will generate 10,000 jobs, said a senior official related to the project. Speaking with Shana, Managing Director of Siraf Refineries Infrastructure Company (SRIC) Alireza Sadeqabadi (pictured) said the project is being carried out for production of 480,000 barrels of gas condensate and will be a major […]