IRAN: Oil industry in south Iran to be developed soon, Mohammad Reza Nematzadeh




New activities for developing oil industry and implementing major projects in south Iran will be launched in the near future, it was announced here on Monday.

Managing Director of National Oil Refining and Distribution Company, Mohammad Reza Nematzadeh made the remark while talking to reporters on the sidelines of inauguration of the plan to increase capacity of Bandar Abbas to Isfahan pipeline in this southern port city.

New activities for developing oil industry and implementing major projects in south Iran will be launched in the near future, he added.

He further noted that two new refineries with total capacity of 660,000 barrels per day are to be built in Bandar Abbas.

Persian Gulf Star refinery for treating gas condensate will handle 360,000 barrels per day condensate while super heavy crude oil refinery of the city will be capable of treating 300,000 barrels per day super heavy crude, Nematzadeh said.

He noted that the contract for construction of Persian Gulf Star gas condensate refinery has been signed and engineering operations have begun and the project is to begin before the end of the current Iranian calendar year (started March 21, 2007).

He further announced that super heavy crude oil refinery of Hormuz is going through tender bid formalities and the contractor will be chosen in a month.

"The crude oil treatment capacity of Bandar Abbas refinery will increase from 232,000 to 300,000 barrels per day and an oil dock is being designed to be constructed in the near future," he said.

Nematzadeh further stated that to decentralize activities in Bandar Abbas, an undersea pipeline will be constructed between Bandar Abbas and Qeshm Island to facilitate transfer of crude oil in the near future.

He also noted that the plan for increasing capacity of Bandar Abbas-Isfahan pipeline was very important.

"The plan will be implemented through investing rls 2,000 billion to develop existing pump stations and will play a major role in transfer and distribution of various types of oil products," he added.









Via: Islamic Republic News Agency
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