Overview: Electromotors demand at Iran's refineries
Baku, Azerbaijan, Jan. 24
By Dalga Khatinoglu – Trend:
Siemens has announced that it received a major order for 12 compressor trains with “high double-digit million euro range” worth for two onshore natural gas processing plants in Iran.
Commercial operation is expected end in 2018, said the message from the company.
One of the major plans of Iran is to import compressor and pumps for refinery projects worth up to $41 billion, by 2025.
The projects include $27.3 billion worth in gas and $19.8 billion in oil refining sector.
According to an official document, prepared by Iran's Oil Ministry and seen by Trend, Iran would import at least 1317 compressors in various sizes with worth $336 million by 2025. More than 80 percent of the needed pumps and compressors for Iran’s refineries would be imported.
Iran also needs 1931 pumps to be imported with worth more than $530 million by 2025, the document says.
In total, Iran has planned to inaugurate annually 9 oil refineries and 15 gas refineries from 2015-2025, with 210 and 130 required electromotor devices annually respectively.
Iran’s electromotor device market value in total is worth $1.3-1.4 billion annually and the figure is expected to increase five times by 2025, the report says.