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21 °C
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Brazilia
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31 °C
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Abu Dhabi
RUB/USD
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0,0000
BRL/USD
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0,0000
INR/USD
0,1196
0,0000
CNY/USD
0,1367
0,0000
ZAR/USD
0,545
0,0000
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Iran
25.06.24 15:35
Economics

Iran opens 17 new petrochemical, oil and refining plants

The country's oil production has hit 3.6 million barrels per day

The projects involve building eight four-million barrel-capacity crude oil storage tanks and concrete oil storage tanks, starting a petrol pumping station, and building a 14-inch pipeline that connects Tabriz, Khoy, and Urmia.

It is expected to produce 10,000 more barrels of crude oil per day, collect 4 million cubic metres of flare gas and increase crude oil storage capacity by 18 million barrels. This is reported by IRNA, a partner of TV BRICS.

Experts also note that petrochemical production capacity is expected to increase by 3 million metric tonnes per year and 222 kilometres of product pipelines will be built.

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