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Iran Refiners Plan to Spend $3.3 Billion on Bottom Residue Upgrade Projects, an Industrial Info Market Brief

Iran Refiners Plan to Spend $3.3 Billion on Bottom Residue Upgrade Projects, an Industrial Info Market Brief


Attachment: Refineries

Iranian refiners are planning product upgrade projects at their refining facilities to cope with growing market demand for petroleum refinery products. The EORC Esfahan Refinery expects to spend $1.8 billion to increase residue production for more profitable products by 2023. Click here for the list of EORC Esfahan refinery projects.

Simultaneously, the AORC Abadan refinery is investing $1.5 billion as part of a bottom upgrading project to modernize its product quality. The AORC project is expected to be commissioned by 2023. Click here for the list of AORC Abadan refinery projects.