In The Name of God

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In The Name of God
National Iranian Oil Refining Distribution
Company
NIORDC
23 June 2009- Moscow
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Irans Refinery Projects
A Hub of Opportunities
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(No Transcript)
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Subsidiary Companies
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Existing Refineries
Caspian Sea
Tabriz 110
Kermanshah 25
Tehran 240
Arak 160
Esfahan 360
Abadan 380
Shiraz 60
Bandar Abbas 320
Refinery
Lavan 30
Persian Gulf
Operating Capacity kbpd
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Strategies

• Employing advanced technologies to boost
  efficiency
• Expanding refining capacity to give added-value
  to our crude oil and to be self-sufficient in
  Gasoline production
• Upgrading the quality of products to meet new
  environment requirement

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Strategies (cont.)

• Growing presence in regional markets
  collaborating with neighboring countries
• Attracting the participation of local and
  foreign private sectors in refining projects
• Expanding pipeline and storage networks to meet
  our import/export requirements

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Refinery Projects

• Gasoline Capacity Increase Projects

• Expansion Upgrading of Existing Refineries

• Construction of New Refineries

• Pipeline Projects

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• Gasoline Capacity Increase Projects

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Bandar Abbas Refinery Gasoline Production
Increase Project
Location Bandar Abbas , Hormuzgan
Province Capacity increase From 65,415 to
95,000 Feed Kharg Exported Heavy Crude Oil
Condensate Total investment 440
Million Project status Under
implementation Total progress 27 Production
date 2011
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Bandar Abbas Refinery Gasoline Production
Increase Project
Products
No. Product Existing Capacity (MMLit/d) Future Capacity (MMLit/d)
1 Gasoline 10 15
2 Sulfur 130 TPD 250 TPD
Licensors
Licensors Unit (s)
Axens HNHT , CCR , LNHT , ISOM , GOHT
Prosernat SRU
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Abadan Refinery Cat Cracker Project

• cat cracker, alkylation, lsomerization, sulphur,
  sulphuric acid recovery, amine, LPG treatment
  unit
• 6 MMLit/d
• 0.5 MMLit./d
• 466 million
• 74
• 2010

• New units
• Gasoline production growth
• Propylene production
• Investment
• Physical progress
• Start up date

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Tabriz Refinery Gasoline Production Upgrading
Project

• New units
• Gasoline production growth
• Investment
• Latest status
• Progress
• Start up date

heavy naphtha treatment, CRU , Benzene
Extraction 1 MMLit/day 180 Million EPC
Contract 33 2010
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Tehran Refinery Gasoline Production Increase
Project
New units Gasoline production
growth Investment Latest status Start up
date Physical Progress
light Naphtha treatment, isomerization 2
MMLit/d 116 million Under implementation
2010 56
15
Esfahan Refinery Gasoline Production Increase
Project

• LH naphtha treatment, CCR, isomerization, LPG
  Recovery
• 3 million liter/day
• 314 Million
• 2010
• 39

• New units
• Gasoline production growth
• Investment
• Start up date
• Physical Progress

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• Expansion
• Upgrading of Existing Refineries

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Esfahan Refinery Process Improvement and Capacity
Optimization Project
Location Esfahan , Esfahan Province Capacity
360,000 bpd Feed Light Crude Oil of
Maroon Total investment 2.7 Billion Project
status Under implementation Total progress
6 Production date 2010
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Esfahan Refinery Process Improvement and
Capacity Optimization Project
Products
No. Product Existing Capacity (MMLit/d) Future Capacity (MMLit/d)
1 LPG 2 3
2 Propylene 0 1
3 Gasoline PREM 0 4
4 Gasoline REG 8 15
5 Kerosene 7 7
6 Gas oil 19 18
7 Fuel oil 17 3
8 Asphalt 3 3
9 Sulfur 80 TPD 600 TPD
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Esfahan Refinery Process Improvement and
Capacity Optimization Project
Licensors
Licensors Unit (s)
Linde Hydrogen Plant
Axens RFCC Gasoline Treatment , NAPHTA HDT , HN CCR , RHU , RFCC
Technip KTI Sulfur Recovery Unit
Topsoe Gas Oil HDT
Technip CDU
UOPL LPG Merox , LN ISOMERIZATION
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Abadan Refinery Upgrading Project
Location Abadan , Khuzestan
Province Capacity 210,000 bpd Feed Crude
of Ab- Taymoor , Ahwaz Bangestan , Total
investment 2 Billion Project status Basic
Design Total progress 4 Production date
2014
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Abadan Refinery Upgrading Project
Licensors
Licensors Unit (s)
Axens NHT,CCR,Isomerization, Kerosene HDT , Gas Oil HDT
Haldor Topsoe VGO HDT, HC, H2
Technip KTI SRU SSU TGT
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Abadan Refinery Upgrading Project
Products
No. Product Current Capacity (MMLit/d) Future Capacity (MMLit/d)
1 LPG 1.5 2
2 Jet / Kerosene 4 8
3 Gasoline 8 13
4 Fuel oil 24 9
5 Gas oil 16 19
6 Naphtha 3 3
7 Oil Lub Cut 0.3 1
8 Sulfur 0 TPD 360 TPD
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Tehran Refinery Process Optimization and Products
Quality Improvement Project
Location Tehran Capacity 240,000
bpd Feed Crude of Maroon, Ab-Taymoor,
Bangestan Ahwaz, Total investment
330 Million Project status Under
implementation Total progress 33 Production
date 2010
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Tehran Refinery Process Optimization and Products
Quality Improvement Project
Licensors
Axens
Technip KTI
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Tehran Refinery Process Optimization and Products
Quality Improvement Project
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Arak Refinery Expansion Upgrading Project
Location Arak , Central Province Capacity
increase From 170,000 to 250,000 bpd Feed
A Blend of Ahwaz and Certain Iranian
Mixed Crude Oil Total investment 2.4
Billion Project status Under
implementation Total progress 63 Production
date 2010
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Arak Refinery Expansion Upgrading Project
Licensors
Licensors Unit (s)
RIPI (IRAN) ISOM
Axens NHT2 , OCT ,KHT , GHT , CGH
Technip Benelux HPU2
KTI SRU2/TGT/ Solidification
UOPL RCD , RFCC , LMRX , PRU
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Arak Refinery Expansion Upgrading Project
Products
No. Product Existing Capacity (MMLit/d) Future Capacity (MMLit/d)
1 LPG 1 4
2 Propylene 0 1
3 Gasoline PREM 0 4
4 Gasoline REG 4 12
5 Kerosene 3 5
6 Gas oil 9 9
7 Fuel oil 7 3
8 Asphalt 1 1
9 Sulfur 60 TPD 650 TPD
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Arak Refinery Expansion Upgrading Project
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• Construction of
• New Refineries

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New Grass-root Refineries
Shahriar
Caspian
Anahita
Khuzestan
Pars
Hormuz
Persian Gulf
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Persian Gulf Refinery Project
Location Bandar Abbas , Hormuzgan
Province Capacity 360,000 bpd Feed
South Pars Gas Condensate Total investment
2.4 Billion NIORDC share 40 Project
status Under implementation Total progress
21 Production date 2011
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Persian Gulf Refinery Project
Licensors
Licensors Unit (s)
UOP LPG Merox , ISOM
Axens NHT , CCR
Haldor Topsoe KHT , GOHT
Technip KTI SRP
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Persian Gulf Refinery Project
Products
No. Product Capacity (MMLit/d)
1 LPG 3
2 Gasoline PREM 8
3 Gasoline REG 27
4 Jet fuel 3
5 Gas oil 14
6 Heavy diesel 1
7 Sulfur 130 TPD
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Pars Refinery Project
Location Shiraz , Fars Province Capacity
120,000 bpd Feed South Pars Gas
Condensate Total investment 950 Million NIORDC
share 40 Project status Basic
Design Total progress 6.2 Production date
2011
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Pars Refinery Project
Licensors
Licensors Unit (s)
RIPI (IRAN) LPG Treating
Topsoe DHT, KHT
UOP ISOM
Axens NHT, CCR
KTI SRU
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Pars Refinery Project
Products
No. Products Capacity (bpd)
1 Gasoline 11
2 Gas oil 5
3 Kerosene 1
4 LPG 1
5 Sulfur 62 TPD
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Caspian Refinery Project
Location North of Gorgan,Golestan
province Capacity 300,000 bpd Feed CIS
mixed crude oil Total investment 3.8
billion NIORDC share 20 Project status
Basic Design Total progress 2 Production
date 2013
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Caspian Refinery Project
Products
No. Product Capacity (MMLit/d)
1 LPG 3
2 gasoline 14
3 kerosene 11
4 gas oil 18
5 propylene 230 TPD
6 sulfur 260 TPD
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Anahita Refinery Project
Location Kermanshah , Kermanshah
Province Capacity 150 , 000 bpd Feed
Crude of North Dezful, Naft Shahr
Sarkan Maleh Kouh Total investment 2.1
Billion NIORDC share 20 Project status
Basic Design Total progress 3 Production
date 2012
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Anahita Refinery Project
Licensors
Licensors Unit (s)
RIPI LPG
Technip KTI SRU
Haldor Topsoe MDHT , HPU
UOP NHT , ISOM , HCU . CCR
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Anahita Refinery Project
Products
No. Product Capacity (MMLit/d)
1 LPG 1
2 Gasoline 7
3 Kerosene 5
4 Gas oil 9
5 Fuel oil 3
6 Bitumen 1
7 Sulfur 288 TPD
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Shahriar Refinery Project
Location Tabriz in East Azerbaijan Capacity
150,000 bpd Feed Crude of North Dezful,
Marun- Shadegan Kashegan Total investment
2.3 Billion NIORDC share 20 Project
status Basic Design Total progress 3.1
Production date 2013
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Shahriar Refinery Project
Licensors
Licensors Unit (s)
RIPI (IRAN) Gas Oil HDT
Axens FCC, NHT, CCR, Isomerization
Holdar Topsoe VGO HDT
Technip Benelux Hydrogen
Technip KTI SRU
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Shahriar Refinery Project
Products
No. Products Capacity (MMLit/d)
1 Gasoline 11
2 Gas oil 12
3 Fuel oil 2
4 LPG 1
5 Propylene 0.4
6 Asphalt 1
7 Sulfur 360 TPD
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Hormuz Refinery Project
Location Bandar Abbas ,hormuzgan
Province Capacity 300,000 bpd Feed
Crude of Soroush / Nowruz /South Pars and
Forouzan Total investment 4.2 Billion NIORDC
share 20 Project status EPC contract
awarded Project Total Progress 4.2
Production date 2012
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Hormuz Refinery Project
Licensors
Licensors Unit (s)
Axens HT, CCR, ISOM,DHDT, HCR, MHC,FCC
SINOPEC Delayed Coker
KBC CDU, VDU, SGP
Linde H2 Plant
UOP Alkylation
KTI SRP
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Hormuz Refinery Project
Products
No. Product Capacity (MMLit/d)
1 LPG 4
2 Propylene 0.4
3 Gasoline 16
4 Jet fuels 3
5 Gas oil 23
6 Sulfur 840 TPD
7 Coke 5,800 TPD
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Khuzestan Extra Heavy Crude Oil Refinery Project
Location Abadan , Khuzestan Province Capacity
180,000 bpd Feed Crude of Azadegan,
Yaadavaran Jofeir Total investment 2.9
Billion NIORDC share 20 Project status
Basic Design Total progress 2.3 Production
date 2012
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Khuzestan Extra Heavy Crude Oil Refinery Project
Licensors
Licensors Unit (s)
RIPI (IRAN) HRH
Topsoe GHDS, HCR , H2 Plant
UOP NHT,CCRISOM
KTI SRTGT
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Khuzestan Extra Heavy crude Oil Refinery Project
Products
No. Products Capacity (MMLit/d)
1 Gasoline 9
2 Gas oil 12
3 Kerosene 8
4 Fuel oil 0.5
5 LPG 2
6 Sulfur 410 TPD
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• Pipeline
• Projects

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Neka-Jask Pipeline Project
Summary of Key Points 1)Pipeline Design
Capacity 1mbpd 2)Feed Stock Crude Oil,
Caspian sea littoral States. 3)Length of
Pipeline 1643 km. 4)Pipeline Diameter
42, 48, 36 inches . 5)Pump Stations 7 Units
Neka Terminal
Jask Terminal
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Neka Jask Pipeline Route
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Optimization of Selected Neka-Galugah-Jask Route
Incorporating Practical Pipeline Sizes
Line Pipe Size
Approximately K.P Range
Total Length (km)
264.7 1149) (1270.6 1643.8)
48"
1257.5
42"
(0 264.7)
266.7
36"
1149 1270.6
121.6
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NEKA Existing Facilities
Existing Capacity 370,000 bpsd

• STORAGE AND UNLOADING FACILITIES
• CRUDE STORAGE TANKS 6 28000 M3
  
• BLENDING TANKS 3
  28000 M3
• CRUDE OIL MARINE UNLOADING ARMS 6NOS.

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NEKA Existing Facilities (cont.)

• Utility Steam
• Steam Generation System 2 Utility
  Boilers(210t/h)
• Electrical Power System 2500KW (National
  Grid)
• Fire Water System
• Auxiliary Systems
• Waste Water Treatment System
• Control System
• Fire Fighting System

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Jask Terminal Phase-1 (SPM)
STORAGE CAPACITY 10 MM BBLS CAPACITY OF
EACH SPM 1.5 MM bpsd
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Jask Terminal Phase-2 (Jetties)
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Overseas Projects
Project Capacity (kbpd) Investment ( Billion US ) Shareholders Percentage Status Feed by NIORDC ( kbpd )
Kedah Refinery Malaysia 250 4.8 NIORDC 30 SKSC 70 FEED 250
Johor Refinery Malaysia 120 2.3 NIORDC 30 Petrofield 70 BFS 120
Bantan Refinery Indonesia 300 5.7 NIORDC 40 Petrofield 20 Pertamina 40 BFS 150
Alfuroglus Syria 140 2.6 NIORDC 26 PDVSA 26 Petrofield 26 MOPMAR 15 BFS 28
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Collaboration Schemes  

• Equity Contribution for New Grass-root Refinery
  Projects
• Project Financing
• Loan Facility Agreement
• Unincorporated Joint Venture
• Product Off-taking Agreement
• Strategic Partnership

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Incentives   Risk Mitigations

• 5 discount on feed stock
• Feed Stocks are Secured by Contract with NIOC
• Tax exemption and duty free for 8 years offered
  at free zones
• Off- take Purchasing Based on International Price
  are Secured by NIORDC
• All Projects Investment / Financing Arrangements
  will be Guaranteed by NIOC / NIORDC

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Projects for JV Financing 
Project Location Capacity (kbpd) Investment (Billion Euro) Progress
Persian Gulf Refinery Bandar Abas 360 3 21
Hormuz Refinery Bandar Abas 300 4 4
Pars Condensate Refinery Shiraz 120 1 6
Anahita Refinery Kermanshah 150 2 3
Caspian Refinery North of Iran 300 4 2
Khozestan Refinery Abadan 180 2 2
Shahriar Refinery Tabriz 150 2 3
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Projects for Financing 
Project Investment progress
Bandar Abbas Refinery Gasoline Production Increase Project 440 Million 27
Abadan Refinery Upgrading Project 2 Billion 4
Tehran Refinery Process Optimization and Products Quality Improvement Project 330 Million 33
Esfahan Refinery Process Improvement and Capacity Optimization Project 2.7Billion 4
Arak Refinery Expansion Upgrading Project 2.4 Billion 63
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Thanks For Your Attention