Managing director of Lavan Oil Refining Company Mohammad Ali Dadvar said the company plans to upgrade the quality of its gasoline to euro-4 standards. Dadvar told the oil ministry's website that the company can implement the project in ten days provided the National Iranian Oil Refining and Distribution Company (NIORDC) approve it. He added that the old unit of the refinery is producing 1.03 million liters per day of 87-octane gasoline and 600 thousand liters of naphtha. “the new unit of Lavan Oil Refinery, which came online last summer, yields about one million liters of 95-octane gasoline per day, compatible with euro-4 standards”, Dadvar said. He also said that the old precision instrument of the refinery will be replaced by a new one in order to make non-stop gasoline production possible, a project that, according to the official, will come online late February. Lavan Oil Refinery was built in 1976 with processing capacity of 20 thousand barrels per day and was developed during the 1990s.The refinery, at present, takes 60 thousand barrels of oil per day and produces 2.1 million liters of euro-2 and euro-4 gasoline.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor