1. Refinery Construction Project in Kedah, Malaysia
The project involves construction of a refinery with a capacity of 250000 bpd of crude oil in Malaysia.
To feed the refinery, a mixture of 100000 barrels of export heavy oil and 150,000 barrels of Forouzan crude oil has been considered. The refining process is based on conversion of heavy products to valuable light products using hydrocracker and coke production units.
2. Condensates Refinery Construction Project in Johor, Malaysia
The project involves construction of a refinery with a capacity of 120000 bpd in Johor, Malaysia. To feed the refinery, the gas condensates of Southern Pars have been considered.
3. Hormoz Refinery Construction Project
a. Selection and signing a contract with the consortium made up of Sazeh, PEDEC, etc. as the EPC contractor of processing units.
b. Selection and signing a contract with the consortium made up of OIEC, EIED, ODCC and Dextron as the contractor of offsite and utility units.
4. Refinery Construction Project in Indonesia
The project involves construction of a refinery with a capacity of 300000 bpd in a joint-venture investment. To feed the refinery, 100000 barrels of extra-heavy oil of Iran have been considered.
5. Refinery Construction Project in Syria
The project involves construction of a refinery with a capacity of 140000 bpd located in 40 kilometers southeast of Homs, Syria.
To feed the refinery, a combination of 25 percent of Syria’s light crude oil, 25 percent of Syria’s heavy crude oil, 30 percent of Venezuela’s crude oil, and 20 percent of Iran’s heavy oil.
HRC, ORIDC, PDVSA and Petrofield are the shareholders that hold 15, 26, 33 and 26 percent of shares respectively.
Required investment is assessed to be approximately $2.6 billion, of which 30 percent is paid by investors and the rest is made with credit coming from banking facilities. The aimed market of the refinery is domestic market of Syria. Oil Ministry of Syria is supposed to buy all products in international prices by signing an agreement.
6. Refinery Construction Project in Vietnam
Following the requests of authorities at Oil Ministry of Vietnam and proposals of the Iran’s Foreign Ministry with regard to evaluate the possibility of participation in construction of Nghi Son Petrochemical Refinery Complex, preparatory sessions held in Vietnam with respected authorities and National Iranian Oil Refining & Distribution Company (NIORDC) announced its willingness to participate in the project. This refinery is located in 180 kilometers of Hanoi and has the production capacity of 150000 barrels of crude oil per day.
7. Pars Refinery Construction Project
According to integrated planning studies, the Board of Directors of NIORDC approved construction of a refinery with the capacity of 120000 barrels of gas condensates per day, and construction of a pipeline that supplies jet fuel and gasoline in a 450-kilometer distance between Asaluyeh and Shiraz. It was scheduled that this project has to be implemented with foreign investment partnership.
8. Persian Gulf Star Gas Condensates Refinery Project
The project aims to build and put into operation a gas condensates refinery with the capacity of 360000 barrels per day in Bandar Abbas.
Project participants are NIORDC (40%), Pension Fund (9.9%) and Indonesia’s SRC (5.01). The amount of investment is 2 billion euros.
9. Partnership of Saudi Arabia
Following an agreement, both sides agreed to jointly carry out BF/S studies on construction of Armatic Refinery Complexes with the capacity of 120000 barrels of gas condensates and petrochemicals per day
9. Partnership of Senegal
Project: increasing the capacity of Senegal’s SAR refinery
The production capacity of the refinery will be increased from 1.2 to 3 million tons per annum. 34 percent of the refinery’s shares will be transferred to NIORDC, while the maximum amount investment is 44 million euros. These all depend on signing the agreement according to new shareholders and also ensuring reimbursement of the required financial facilities by the Senegalese government.
Investment of NIORDC in SAR developmental projects will be based on 50-50 percent, providing 6 million euros in cache and 4 million euros in form of materials and services.
10. Partnership of Sri Lanka
1. Under the agreement signed between Sri Lanka and Iran’s oil ministries, both sides agreed that NIORDC carries F/S studies on increase of the refinery’s capacity from 50000 to 100000 barrels of oil within a six-month period at its own expenses.
2. If both sides enter into agreement on F/S results, NIORDC will make a work offer in form of EPC.
11. Partnership of Zimbabwe
Project: Renovation and reconstruction of Feruka refinery in Zimbabwe
Financial and technical offer for reconstruction of the refinery has been submitted by NIORDC to the Energy Ministry of Zimbabwe.
12. Partnership of Kazakhstan
Under the protocol of December 2006, on cooperation for development and exploration of oilfields as well as investments on oil, gas, petrochemicals, mines, transportation, pipeline construction, and SWAP of crude oil and considering the negotiation meetings in 2008, the final status of bilateral cooperation is as follows: