Middle East Economic Survey


No 34


NIORDC Clarifies Irans Crude Distillation Capacity Expansion Plan

The National Iranian Oil Refining and Distribution Company (NIORDC) has clarified its plans for expanding Irans crude oil distillation capacity, revealing its intention to build a new refinery at Bandar Abbas, in addition to a condensate refinery there and a heavy oil refinery at Abadan, announced earlier this year. This third new refinery will have a crude distillation...