Abadan Refinery Upgrade Project

extractive

Cost

$2.1b
$2,139,000,000

operational

2023

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

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$1.8b loan
Exim Bank of China
Development bank

Governing authorities

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