Bloomberg News

Iran’s Abadan Refinery to Boost Fuel Output in Month, Shana Says

December 12, 2011

Dec. 12 (Bloomberg) -- Iran’s Abadan refinery will raise its daily output of high-octane gasoline by almost 2 million liters (12,600 barrels) before Jan. 20, the oil ministry website Shana reported, citing Abdolreza Mehraban, managing director of Abadan Oil Refining Co.

The Persian Gulf state is working on building a new refinery complex in Abadan, which upon completion would increase daily production of 94-octane gasoline to 6 million liters, according to the report. The first phase of the expansion plan came on stream in June with a production capacity of 4.2 million liters, Shana said.

Iran is the second-largest oil producer in the Organization of Petroleum Exporting Countries after Saudi Arabia. The Abadan refinery has a crude oil processing capacity of about 360,000 barrels a day, according to Bloomberg data.

--Editors: Randall Hackley, Raj Rajendran

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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