Lavan refinery to increase gasoline production by 700,000 liters by yearend: Official

Bandar Abbas, Hormuzgan prov, Nov 21, IRNA – Managing Director of Lavan Oil Refinery Mohammad Ali Akhbari said the unit will increase its gasoline production by 700,000 liters by the end of the current Iranian year (March 20, 2017). Talking to reporters on Monday, he said the daily capacity of gasoline production of the refinery currently stands at 2,100,000 liters, but will rise to 2,800,000 liters by the end of the year once the isomerization unit is launched. He further noted that all products by the refinery in such areas as oil, gas and gasoline enjoy Euro4 quality and meet all necessary standards. He said the isomerization unit will be operational soon. The Lavan Oil Refinery was built in 1976 with a capacity of 60,000 barrels of oil per day. Akhbari had already said that the refinery will produce 2.8 million liters/day Euro 4 gasoline by March 20 once the isomerization unit is operational. He said that this will improve the quality of the refinery’s gasoline from Euro 4 from Euro 2. He then referred to increase in number of gasoline octane, less sulfur of gasoil and of other products, increase in production of LPG to 200 tons, that of gasoline to more than 2.8 million liters, that of gas oil to three million liters a day, that of fuel jet to one million, that of fuel oil to three million liters a day as the most important advantages of the projects. With the inauguration of the projects for enhancement of production capacity and better quality of LORC products, the isomerization process will be used for transferring light oil to isomerite, the official added. Akhbari added that the main goal behind the process is to raise the number of octane of the feedstock supply. 'Once the ison unit is operational, the main part of the quality promotion of the product, let's say isomerite gasoline production, will be accomplished and 600,000 to 700,000 liters will be added to daily gasoline production capacity. Lavan Island is an Iranian island in the Persian Gulf. It has an area of 78 square km. The island has one of the four major terminals for export of crude oil in Iran alongside Kharg Island. Lavan island sits on top of Lavan gas field, containing 9.5 trillion cubic feet (2.7×1011 cubic metres) of gas. 1378/IRNA