Middle East Economic Survey

VOL. XLIX

No 21

22-May-2006

IRAN

NIORDC Tests Soroush/Nowruz/Condensate Blend At Bandar Abbas Refinery

The National Iranian Oil Refining & Distribution Company (NIORDC) has processed a batch of heavy Soroush and Nowruz oil mixed with South Pars condensate, as part of a plan to find niches for the heavy, sour and acidic Soroush/Nowruz crudes which are unsold and being held in offshore storage. NIORDC Managing Director Mohammad Nematzadeh told reporters on 17 May that...