Iran to Launch 200,000b/d Processing Facility on Kharg Island

Iran is going to expand Kharg international oil terminal by setting up an onshore processing plant with 200,000 barrels/day of capacity.

News ID: 70839

Date: 13 December 2016 - 10:30

According to MANA, , The facility has been distinguished to have the priority in the projects for reconstruction and renovation of the existing facilities.

The project for establishment of the plant will start once executive operations to that effect are completed and will be completed in three years at 310 million euros per EPCF contract.
The capital reimbursement for the project is expected to be 436 million euros.
Kharg Island is a continental island in the Persian Gulf belonging to Iran.