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Iran’s Esfahan Oil Refining Company shares data on its savings

Oil&Gas Materials 31 October 2021 22:48 (UTC +04:00)

BAKU, Azerbaijan, Oct. 31

By Elnur Baghishov – Trend:

Iran's Esfahan Oil Refining Company has saved 500 billion rials (about $11.9 million) by manufacturing spare parts domestically, during the first six months of the current Iranian year (March 21 through September 22, 2021), an official of the company Saeed Ehtiramian said, Trend reports citing the company’s website.

According to Ehtiramian, Iran's Esfahan Oil Refining Company has manufactured 350 types of 64,000 spare parts over the reporting period. In this regard, a total of 180 billion rials (about $4.28 million) has been spent.

"Currently, more than 80 percent of the needs of Esfahan Oil Refining Company are met by domestic production. In this regard, we cooperate with more than 570 companies," the official said.

As reported, Iran's Esfahan Oil Refining Company (EORC) was established in 1979. The company produces 12 million liters of gasoline per day following the Euro-5 standard, and 4 million liters of diesel in accordance with the Euro 4 and 5 standards. The company supplies about 23 percent of Iran's oil products.

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