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Several major emerging economies depend on Iranian oil: 10% of South Korea's oil imports come from Iran, 9% of India's and 6% of China's. [17] Iranian oil makes up 7% of Japan's and 30% of all Greece's oil imports. [17] Iran is also a major oil supplier to Spain and Italy. [37]
Iran's Abadan Refinery, built 1913. National Iranian Oil Refining and Distribution Company (NIORDC) is part of the Ministry of Petroleum of Iran. NIORDC was established on 8 March 1991 and undertook to perform all operations relating to refining and distribution of oil products.
Built by the Anglo-Persian Oil Company (later BP) on the basis of a lease obtained in 1909, [1] it was completed in 1912 as a pipeline terminus, and was one of the world's largest oil refineries. In 1927, oil exports from Abadan totalled nearly 4.5 million tons. [1] The Abadan Refinery in 1950
Since then, based on the latest oil and gas reports, 145 hydrocarbon fields and 297 oil and gas reservoirs have been discovered in Iran, with many fields having multiple pay zones. A total of 102 fields are oil and the remaining 43 are gas, and there are 205 oil reservoirs and 92 natural gas reservoirs. According to Iran Energy Balance Sheet ...
It covers an area of 7 square kilometers, and processes heavy crude oil along with condensate transported from the Sarkhoon gas processing complex. As of 2020, it is the third-largest refinery in Iran after Abadan and Isfahan refineries. [3] Currently, its stated capacity exceeds 320,000 barrels per day (BPD). [2]
An attack on Iran’s oil industry could drive up oil prices and jolt the global economy. In response to such an attack, Iran could decide to plant sea mines in the Strait of Hormuz. Nuclear
This is a list of oil refineries. The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Ahvaz Field is a super-giant oil field located in Ahvaz, Khuzestan, Iran. [1] It was discovered in 1953, developed by Anglo-Persian Oil Company and began production in 1954. . Ahvaz field is one of the richest oil fields in the world with an estimated proven reserves around 65.5 billion barrels (~8.94 × 10 ^ 9 t), [2] and production is centered on 750,000 barrels per day (119,000 m 3 /d)