Pars Special Economic Energy Zone

Isfahan Oil Refining Company (IORC) which started out in 1979 is currently supplying 25% of Refined petroleum Products needed across Iran. Since 2015, IORC has managed to produce one of the most sophisticated refining catalysts used in its gasoline production section. The refinery is currently producing 11 ml/d to 12 ml/d Euro-4 gasoline, 18 ml/d to 20 ml/d gasoil and about 10 ml/d fuel oil.

Two key ministerial meetings of the Organization of the Petroleum Exporting Countries convened In 2018 were the among the most significant oil developments of last year.

Two platforms at Phase 13 of the giant South Pars gas field have become ready for operation within four days, the manager of SP13 development project has said.

In a new research at National Center for Asphalt Technology (NCAT) at Auburn University, Iranian scientists proposed a new method for measuring asphalt binder properties that can save millions of dollars worldwide.

The onshore refineries of South Pars Phase 13 and 22-24 projects are about to come online before spring.

Zagros Petrochemical Plant received a 4-star certificate of the national excellence award in the 16th edition of the National Organizational Excellence Award.

Iranian President Hassan Rouhani voiced Iran’s preparedness to enhance natural gas exports to neighboring Armenia.

The Iranian parliament approved of a motion which allows the Ministry of Petroleum to issue 3 billion dollars worth of Islamic bonds (Sukuk) undersigned by the council of ministers.

Production of crude oil from 6 new wells at Yaran joint Oilfield has started, bolstering the field’s productivity.

Operator of South Pars Phase 13 development projects said new Liquefied Petroleum Gas (LPG) units had come on-stream in the onshore Refinery of the phase which have completed the production chain in the facility.