In accordance with Middle East Economic Digest

As of 2003, the Isfahan refinery produced 375,000 barrels per day (bpd), in accordance with the Center East Economic Digest.[1] Nevertheless, the National Iranian Oil Refining & Distribution Firm (NIORDC) website reports that nominal capacity for the Isfahan Refinery is 200,000 bpd, with a max production of 370,000 bpd. The refinery produces liquefied petroleum gasoline (LPG), gasoline, light naphtha, gentle jet gas, aviation turbine kerosene, petrochemical feedstock, kerosene, gasoline oil, lube oil, fuel oil, and asphalt, in response to the NIORDC web site.[2]

The crude feed that provides the Isfahan Refinery comes from the Maroon and Shadegan oil fields, in keeping with the NIORDC website.[3]

The Isfahan Refinery, one of Iran’s most successful refineries, produces virtually a quarter of Iran’s total refined oil merchandise, in accordance with Platts Oilgram Worth Report. Platts additionally stories that the Isfahan Refinery is certainly one of Iran’s most profitable refineries, with whole earnings of $eleven billion within the Iranian 12 months ending March 29, 2010.[Four]

To extend the refinery’s capability, it continues to go through improve projects. In line with NIORDC, Isfahan has been undergoing gasoline production enhance mission that started in 2005. The refinery can be conducting a process optimization and refining capability improvement undertaking.[5]

The gasoline production venture started in 2006 and is expected to extend production to seventy five,four hundred bpd of gasoline, in line with NIORDC. As of February 2007, the undertaking was only 5 % full.[6] Iran’s Shana reported the venture was valued at 60 million.[7]

The refining capacity enchancment project started in 2007 with a deliberate completion date of December 2011, in response to NIORDC. The mission was expected to wish .5 billion in investment.[8] One company, active on the venture, reports that the undertaking is ongoing.[9]

Corporations:

– Aker Kvaerner Power Fuel (AKPG) (India) – The Nationwide Iranian Oil Refining & Distribution Company webpage lists AKPG as a contractor concerned in the gasoline manufacturing enhance venture at Isfahan refinery.[10] The current standing of the venture is unclear.
– According to a Enterprise Normal report, Aker Kvaerner Power Gas is an Indian subsidiary of Aker Kvaerner, an Anglo-Norwegian engineering and building company.[11]

– Based on the National Iranian Oil Engineering and Construction (NIOEC) Company webpage, Axens is listed as one of five licensors for Isfahan’s refinery capacity enchancment challenge.[12] Axens was tasked to “carry out fundamental engineering and for the licensed models, as reported by an industry publication in March 2007.[13]
– The preliminary contract date was December 24, 2007, and was estimated to be completed by December 24, 2011, in response to the NIORDC venture web page.[14] Axens current status on the project is just not clear.

– In accordance with Middle East Economic Digest, Beicip-Franlab completed a feasibility study for Isfahan Refinery with Namvaran Consulting Engineers of Iran in 2003. The examine was intended to improve product high quality not improve the Isfahan Refinery’s production capacity.[15]

– Isfahan’s refining capacity enchancment mission, Chagalesh Consulting Engineers Company was contracted by the Nationwide Iranian Oil Engineering and Building Company (NIOEC) tp present Bundle D & E of venture, in accordance with the NIOEC webpage.[16]
– Based on Chagalesh Consulting Engineers Firm, it was primarily liable for engineering and procurement.[17]

– The National Iranian Oil Refining & Distribution Company (NIORDC) website lists Chevron as a contractor for licensing and engineering of Isfahan Refinery.[18]
– The Chevron webpage doesn’t present any info on a contract for work on Isfahan. It is unclear when Chevron labored as a contractor at this refinery.

– In March 2007, Daelim Industrial Corporation was awarded a contract by Nationwide Iranian Oil Engineering and Construction Firm (NIOEC) to upgrade the Isfahan Refinery, according to an trade publication.[19]
– In line with the Nationwide Iranian Oil Engineering and Construction (NIOEC) Firm web site, Daelim Industrial Company and Iran’s Namvaran Consulting Engineers have been contracted for Bundle A1 of Isfahan’s refining capacity improvement mission that included a resid hydrotreating unit (RHU) to extend cleaner fuel production.[20]

– In response to the Dor Riz website, Dor Riz is constructing gasoline production items for Isfahan Refinery.[21]
– The corporate is a contractor for NIORDC on its gasoline manufacturing enhance venture at Isfahan, according to NIORDC’s web site.[22]

– Based on the Nationwide Iran Oil Refining and Distribution Company webpage, EORC manages the Isfahan Refinery as a subsidiary of the NIORDC.[23]

– Fluor Atlantic Restricted and Thyssen Rheinsthal Technik GmbH, a subsidiary of ThyssenKrupp, had been contracted as a joint enterprise to assemble the initial Isfahan Refinery from 1976 until 1979, in line with the Los Angeles Occasions. The refinery was ninety nine.2% full when the Iranian Revolution pressured Thyssen and Fluor Atlantic to abandon the mission. [24]

– In accordance with the NIOEC Company webpage, Haldor Topsoe is listed as considered one of 5 licensors for Isfahan’s refinery capacity improvement venture.[25] Topsoe was tasked to “carry out basic engineering and for the licensed models, as reported by an business publication in March 2007.[26]
– The initial contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, according to the NIORDC mission page.

– The Nationwide Iranian Oil Refining & Distribution Firm website lists Hyundai Engineering Company as one of four contractors involved within the venture rising gasoline manufacturing at Isfahan Refinery.[27] The company’s current exercise on the venture just isn’t clear.

– Uhde was contracted for Isfahan’s refining capacity improvement project, in keeping with the NIORDC website.[28]
– The preliminary contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, based on the NIORDC undertaking page.[29] Uhde’s current status on the challenge will not be clear.

– In keeping with the NIOEC Company website, Linde is a licensor on Isfahan’s refining capability enchancment project.[30]
– The preliminary contract date was December 24, 2007, and was estimated to be full by December 24, 2011, in keeping with the NIORDC challenge page.[31]

– In accordance with NIORDC, Lurgi is a contractor on its refinery capacity enchancment venture on the Isfahan Refinery.[32]
– The preliminary contract date was December 24, 2007, and was estimated to be full by December 24, 2011, in line with the NIORDC challenge page.[33]

– In keeping with NIOEC, Iranian industrial company MAPNA Group the contractor for Bundle C of the Isfahan refinery optimization mission. Bundle C reportedly focuses on utilities.[34]
– The preliminary contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, according to the NIORDC challenge web page.[35] In response to MAPNA, work on Package deal C is ongoing.[36]

– For Isfahan’s refinery optimization mission, Moein Energy and Namvaran Delvar were contracted as a joint enterprise by NIOEC as mission management contractors, according to NIOEC.[37]
– The initial contract date was December 24, 2007, and was estimated to be full by December 24, 2011, in response to the NIORDC project web page.[38]

– In line with Middle East Financial Digest, Namvaran Consulting Engineers accomplished a feasibility research for Isfahan Refinery with Beicip-Franlab in late 2003.[39]
– NIORDC contracted Namvaran Consulting Engineers to work on the gasoline production project at Isfahan refinery. The project started in 2006, and was estimated to take 3 years to complete. As of February 2007, NIORDC reported that only 5 % of the challenge had been completed.[Forty] The mission seems to be ongoing.
– For Isfahan’s refinery capability improvement venture, Namvaran and Moein Energy had been contracted as a joint venture by NIOEC as mission administration contractors, based on NIOEC. The businesses were contracted to offer Bundle A1, including a Resid Hydrotreating Unit (RHU) to extend cleaner fuel manufacturing.[Forty one] The preliminary contract date was December 24, 2007, and was estimated to be full by December 24, 2011, in keeping with the NIORDC project page.[Forty two] Namvaran’s present status on the undertaking isn’t clear.

– Nargan Engineers & Constructors Company and Chagalesh Consulting Engineers Firm had been contracted by NIOEC for Package deal D & E of Isfahan’s refining capability enchancment venture, in accordance with NIOEC.[Forty three]
– Acccording to Nargan, the scope of its work included “engineering design and procurement, equipment and materials provide, and area engineering.”[forty four]
– The initial contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, in response to the NIORDC undertaking page.[45] Nargan’s present standing on the project in not clear.

– o NIOEC is theprimary contractor on Isfahan’s refining capacity enchancment venture, as reported by NIOEC. The undertaking aims to “stabilize capability at 360,000 bpd, upgrade existing refinery in order to increase manufacturing of mild products, maximize gasoline production, minimize gas oil manufacturing, and meet environmental protection obligations.”[46]
– o The preliminary contract date was December 24, 2007, and was estimated to be full by December 24, 2011, in accordance with the NIORDC mission web page.[47] Complete investment for the “Isfahan Refinery Upgrading Project was .7 billion, in response to a NIOEC report.[Forty eight]
– Monenco, an Iranian consulting engineers firm, states that the project is ongoing.[49]

– In response to the NIORDC firm webpage, NIORDC was chargeable for conducting a complete examine and implementing capability expansions on existing refineries, like Isfahan Refinery, per request of the Iranian Ministry of Petroleum.The gasoline production mission at Isfahan Refinery is listed as one among six proposed expansions by the NIORDC website.[50]

– Snamprogetti was contracted as a marketing consultant for Isfahan’s refining capacity improvement undertaking, in line with NIOEC.[Fifty one] The initial contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, in keeping with the NIORDC venture web page.[52] Snamprogetti’s present standing on the challenge is just not clear.

– In line with Threat Monitor Briefing, the Economic Council of Iran confirmed a 0 million contract with Technip-KTI to replace expertise on the Isfahan Refinery in 2005.[Fifty three]
– According to NIOEC, Technip- KTI is one in all 5 licensors on Isfahan’s refinery optimization undertaking.[Fifty four]
– The initial contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, according to the NIORDC project web page.[Fifty five] Technip’s current activity in Iran is just not clear.

– The Nationwide Iranian Oil Refining & Distribution Firm website lists Thyssen Rheinsthal Technik GmbH (TRT), a subsidiary of ThyssenKrupp, as a contractor for licensing and engineering work at Isfahan Refinery.[56]
– TRT and Fluor Atlantic Limited have been contracted as a joint venture to assemble the initial Isfahan Refinery from 1976 till 1979, based on the Los Angeles Times. Fluor Atlantic Limited said that the refinery was 99.2 percent full when the Iranian Revolution forced Thyssen and Fluor Atlantic Limited to abandon the challenge.[57]

– In keeping with the NIOEC Company website, Common Oil Merchandise is certainly one of five licensors on Isfahan’s refinery capability enchancment mission.[58] The companies were tasked to “carry out basic engineering and for the licensed units, as reported by an business publication.[59]
– The preliminary contract date was December 24, 2007, and was estimated to be complete by December 24, 2011, in keeping with the NIORDC challenge page.[60] UOP’s current exercise on the project is unclear.

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[2]“Esfahan, National Iranian Oil Refining & Distribution Company Webpage, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=393)

[three]“Esfahan, Nationwide Iranian Oil Refining & Distribution Company Web site, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=393)

[4]“Refinery Updates, Platts Oilgram Worth Report, August 17, 2010. (Accessed by way of LexisNexis)

[5]“Refinery Enlargement Initiatives, Nationwide Iranian Oil Refining & Distribution Website, accessed February sixteen, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#Process%20Optimization%20and%20Refining%20Capacity%20Improvement%20of%20Esfahan%20Refinery)

[6]“Projects, National Iranian Oil Refining & Distribution Company Website, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=341)

[7]“Esfahan Refinery to determine Gasoline Production Unit, Shana (Iran), October 18, 2006. (http://www.shana.ir/newsprint.aspx?lang=en&newsid=90693)

[8]“Refinery Expansion Projects, Nationwide Iranian Oil Refining & Distribution Webpage, accessed February 16, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#Course of%20Optimization%20and%20Refining%20Capacity%20Improvement%20of%20Esfahan%20Refinery)

[9]“Isfahan Refinery, Monenco Iran Consulting Engineers Firm, March 2011. (http://monenco.com/LinkClick.aspx?fileticket=UdBUSybGlF4%3D&tabid=232)

[10]“Projects, National Iranian Oil Refining & Distribution Firm Webpage, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=341)

[eleven]Prabodh Chandrasekhar, “AKPG Readies Bid for RIL’s KG Basin Block, Business Standard (India), November 10, 2005. (http://www.business-commonplace.com/india/news/akpg-readies-bid-for-rils-kg-basin-block/224501/)

[12]“Isfahan Refinery Optimization Undertaking, National Iranian Oil Engineering and Construction Firm Website, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

[13]“Daelim, Others to Upgrade Iran’s Esfahan Webpage, Chemical Information and Intelligence, March 19, 2007. (https://www.defenddemocracy.org/information-picks/daelim-others-to-upgrade-irans-esfahan-refinery)

[14]“Gasoline Production Increase Project in Isfahan Refinery, National Iranian Oil Refining and Distribution Website, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#esfahan%20gasoline)

[15]“IRAN: Oil & Gasoline Update, MEED Quarterly Report, December three, 2003. (Accessed through LexisNexis)

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[17]“Ongoing Tasks, Chagalesh Consulting Engineers Webpage, Accessed February 2, 2012. (http://www.chagalesh.com/snportal/userpage.aspx?pageId=37)

[18]“Esfahan, Nationwide Iranian Oil Refining & Distribution Company Webpage, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=393)

[19]“Daelim, Others to Improve Iran’s Esfahan Webpage, Chemical Information and Intelligence, March 19, 2007. (https://www.defenddemocracy.org/news-picks/daelim-others-to-upgrade-irans-esfahan-refinery)

[20] “Isfahan Refinery Optimization Undertaking, Nationwide Iranian Oil Engineering and Building Firm Web site, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

[21]“Current Venture, Dor Riz Engineering Firm Web site, Accessed March 28, 2011. (http://www.dorriz.com/index.aspx?siteid=2&pageid=177)

[22]“Projects, Nationwide Iranian Oil Refining & Distribution Firm Webpage, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=341)

[23]“Esfahan, Nationwide Iranian Oil Refining & Distribution Company Web site, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=393)

[24]William C. Rempel & Ronald J. Ostrow, “Joint Oil Enterprise Sought to Recoup $30 Million: A Teetering Shah Led to Bogus Billings, Los Angeles Instances, February 22, 1987. (http://articles.latimes.com/1987-02-22/news/mn-5333_1_joint-venture)

[25]“Isfahan Refinery Optimization Undertaking, National Iranian Oil Engineering and Building Company Website, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

[26]“Daelim, Others to Improve Iran’s Esfahan Website, Chemical News and Intelligence, March 19, 2007. (https://www.defenddemocracy.org/news-picks/daelim-others-to-upgrade-irans-esfahan-refinery)

[27]“Projects, Nationwide Iranian Oil Refining & Distribution Company Web site, Accessed March 28, 2011. (http://en.niordc.ir/index.aspx?siteid=77&pageid=341)

[28]“Process Optimization and Refining Capacity Improvement of Esfahan Refinery, National Iranian Oil Refining and Distribution Website, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#Course of%20Optimization%20and%20Refining%20Capacity%20Improvement%20of%20Esfahan%20Refinery)

[29]“Gasoline Production Improve Challenge in Isfahan Refinery, National Iranian Oil Refining and Distribution Webpage, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#esfahan%20gasoline)

[30]“Isfahan Refinery Optimization Mission, National Iranian Oil Engineering and Construction Firm Website, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

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[32]“Process Optimization and Refining Capability Improvement of Esfahan Refinery, National Iranian Oil Refining and Distribution Webpage, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#Process%20Optimization%20and%20Refining%20Capacity%20Improvement%20of%20Esfahan%20Refinery)

[33]“Gasoline Production Improve Challenge in Isfahan Refinery, Nationwide Iranian Oil Refining and Distribution Website, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#esfahan%20gasoline)

[34]“Isfahan Refinery Optimization Challenge, National Iranian Oil Engineering and Development Firm Website, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

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[36] “Oil and Gasoline, MAPNA Group Web site, Accessed February 2, 2012, (http://www.mapna.com/en/projects/Pages/Oilgas.aspx)

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[forty two]“Gasoline Manufacturing Enhance Project in Isfahan Refinery, National Iranian Oil Refining and Distribution Website, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#esfahan%20gasoline)

[forty three]“Isfahan Refinery Optimization Project, National Iranian Oil Engineering and Building Firm Webpage, Accessed January 31, 2012. (http://enisfahan.nioec.com/)

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[45]Gasoline Manufacturing Increase Project in Isfahan Refinery, Nationwide Iranian Oil Refining and Distribution Web site, Accessed February 2, 2012. (http://www.niordc.ir/index.aspx?siteid=77&siteid=77&pageid=979#esfahan%20gasoline)

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[57]William C. Rempel & Ronald J. Ostrow, “Joint Oil Venture Sought to Recoup $30 Million: A Teetering Shah Led to Bogus Billings, Los Angeles Instances, February 22, 1987.

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