Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia

Home | News | Archive| RSS
twitter | facebook



Payvand Iran News ...
02/25/13 Bookmark and Share
Iran to revise policy of crude oil export: Oil Minister

Source: Islamic Republic News Agency, Tehran

Minister of Oil, Rostam Ghassemi, said on Monday that Iran will revise policy of crude oil export to produce high standard petrol and oil derivatives. Ghassemi said Iran can revise its policy of crude oil and gas condensates export and instead build advanced refineries to produce high value-added products.


Iranian Oil Minister Rostam Qasemi with IRGC Chief Mohammad Ali Jafari (file photo)

Ghassemi said that his ministry plans to raise the capacity of crude refining by 3,500,000 barrels per day. ˈSuch a refining capacity will be possible through expanding the existing refineries, establishment of new refineries and building miniature refineries.ˈ

He said Iranian technicians have been able to gain access to the technology of fully building oil refineries.

Having gained the technology, said the minister, Iran can refine crude oil to fully meet domestic needs and turn into major exporter of oil derivatives.

He touched on Iranˈs new potential to produce strategic oil products and said presently, the alkylation unit of Abadan refinery has the capacity to daily produce two million liters of LL 100 gasoline, that is used as plane and helicopter fuel.

He said negotiations have started for export of the products.

... Payvand News - 02/25/13 ... --



comments powered by Disqus

© Copyright 2013 NetNative
(All Rights Reserved)

Popular Now

Join Payvand's Facebook Page

join Payvand's daily News mailing list
* indicates required

Home | Contact | About | Archive | Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed