Bandar Abbas Refinery Base Oils Group II and III Production Complex Project

This project includes revamping of one exist unit and construction of 3 new process units as mentioned below:

• Revamping of existing Hydrocracker Unit (HCU)
• Construction of UCO Iso-dewaxing Unit (UIDW)
• Base Oil Blending and Packaging Unit (LOB)

Category: Tag:

required feed for the UIDW Unit of this project is supplied from exist Hydrocracker Unit of Bandar Abbas oil refinery.

– Value of foreign equipment / machinery 65 Million €
– Value of local equipment / machinery 97.5 Million €
– Value of foreign technical know-how 5 Million €
– Value of local technical know-how 7.5 Million €
– Net present value (NPV) at 10.1%: 1435 Million €
– Internal Rate of Return (IRR): 45.4
– Payback Period: 5.1 years
– Dynamic Payback: 5.5 years

 

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Country

Islamic Republic of Iran
Estimated investment costs

100 to 1000 million
Local entrepreneur or party

Public sector
Project classification

Expansion or rehabilitation
Region

Hormozgan

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