Shazand Oil Refinery in ArakTEHRAN, Jan. 2 (MNA) – The Shazand Oil Refinery’s gasoline production capacity will rise to 16 million liters per day when phase 2 of the project comes on stream in 2010.
Rashid Seyyedian, a project manager at the refinery, said the National Iranian Oil Engineering and Construction Company is the proprietor and a consortium comprised of some Iranian firms and a Chinese company is the major contractor of the project, PIN reported on Thursday.
The second phase of the refinery project will produce 1.1 million liters of propylene to be fed to petrochemical complexes, explained Seyyedian, who is the project manager responsible for boosting capacity at the Shazand Oil Refinery.
Domestic contractors hold 70 percent and the Chinese contractor holds 30 percent of the $2.5 billion project which has made a 41 percent progress so far, he noted.
The Shazand Oil Refinery in Arak has gone through a major development plan to increase its share of national gasoline production to 44 percent, PIN reported.
The EPC contract of Shazand Refinery development plan was signed in August 2006 and is supposed to come on-stream in July, 2010.
The refinery came on stream in 1993 with the nominal capacity of 150,000 barrels per day. Currently the refinery daily produces 170,000 barrels of light crude oil, liquefied gas, propylene, gasoline, high-octane gasoline, diesel oil, kerosene, furnace oil, and sulfur.
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