South Pars Phase 14 refinery to become operational in winter

The first sweetening train of the Phase 14 refinery in the giant South Pars Gas Field will come on stream in the winter, the Oil Ministry’s news agency Shana reported.


Iran government to sell shares of refineries through ETF

Iran’s government stakes in four refineries will be put on offer through the second state-controlled exchange-traded fund in the near future, head of the Iranian Privatization Organization said.

Macro Economy

Iran opens 3rd phase of Persian Gulf Star refinery to become self-sufficient gasoline producer

The Persian Gulf Star gas processing plant is the most modern and the largest project of its kind in Iran and the largest in the world that has been developed to not only help country stop importing gasoline but also turn into a potential exporter of this product.


Chinese company develops Iran’s Abadan refinery

Although Chinese state-controlled oil company has been reportedly foreced to cease operations at the largest natural gas reserve in the Persian Gulf, another Chinese company is still operating in Iran.