Iran opens 17 new petrochemical, oil and refining plants

25.06.24
15:35


Economics

Iran opens 17 new petrochemical, oil and refining plants

The country’s oil production has hit 3.6 million barrels per day

The projects involve building eight four-million barrel-capacity crude oil storage tanks and concrete oil storage tanks, starting a petrol pumping station, and building a 14-inch pipeline that connects Tabriz, Khoy, and Urmia.

It is expected to produce 10,000 more barrels of crude oil per day, collect 4 million cubic metres of flare gas and increase crude oil storage capacity by 18 million barrels. This is reported by
IRNA, a partner of TV BRICS.

Experts also note that petrochemical production capacity is expected to increase by 3 million metric tonnes per year and 222 kilometres of product pipelines will be built.

Photo:
iStock

Back

 

 

Share your love