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Abadan Refinery Upgrade Project
extractive
Cities
Abadan
Iran (Islamic Republic of)
Cost
$2.1b
$2,139,000,000
Phases
operational, 2023
Objective
Description
The Abadan refinery (Persian: پالایشگاه آبادان) is an oil refinery located in the city of Abadan near the coast of the Persian Gulf. Phase 2 of the Abadan Refinery Upgrade Project involves building atmospheric and vacuum units, as well as gasoline, diesel and kerosene distillation units, a sulfur unit and a catalytic cracking unit.Finance
$1818000000 loan
Exim Bank of China
Development bank
Contractors
China Petroleum & Chemical Corporation
Company