First phase of gasoline production project launched at Abadan refinery

Oil&Gas Materials 24 May 2011 11:57 (UTC +04:00)

Azerbaijan , Baku, May 24 / Trend /

Iranian President Mahmoud Ahmadinejad inaugurated the first phase of the gasoline production project at Abadan refinery with production capacity of 4.2 million liters per day, SHANA reported.

The project in Abadan Refinery will install in 2 phases, building a vacuum distillation unit, the atmospheric distillation unit and establish of gas production complex which include catalytic cracking unit, election unit with reconstruction capacities and increasing gas production and reducing fuel oil

Iran invested more than $820 million on operation of the project and an additional plant.

The gasoline production project is expected to increase the country's revenues by producing 4.6 million liters gasoline per day according to EU standards Euro four.

Iran aims to develop Abadan Oil refinery to produce super gasoline with 93 octants, 250 tons of propylene, 330 tons of gas fuel for petrochemical industry and 100 tons sulfur.

The launch of gasoline project in one of Middle East oldest refineries will increase oil products by 45,000 barrels. Abadan refinery currently produces 430,000 barrels of oil products.