LORC Receives DOE Award

Addressing a press conference, Akhbari said his company had in line with the social responsibility policies, recruited 200 of the locals as the refinery’s official employees.

Akhbari said 250 people busy at the refinery are from Lavan and the surrounding areas, including the Persian Gulf littoral areas and Assalouyeh.

Akhbari added that the locals, being as many as 1,700 people, receive free flight, drinking water, electricity, LPG, emergency, ship, services.

“We offer 100 million cubic meters/day free water to the local,” he announced.

He went on to say that rare species, like the Department of Environment (DoE) turtles in the nearby Shidor Island), were protected by the LORC.

He also referred to some afforestation projects commissioned by his company as a social responsibility gesture.

Elsewhere in his remarks, Akhbari said Lavan Oil Refinery is expected to start producing 2.7 ml/d of euro 4 gasoline by next one or two months as part of Iran’s energy efficiency and environment protection plans.

Akhbari said his Company will produce up to 2,700,000 liters/day euro 4 gasoline from two million liters/day of euro 2 gasoline.

The official said the LORC is now self-sufficient in catalyst production.

Akhbari noted that his company is going to commission four projects in the future.

Akhbari announced that the projects are as follows: Yielding special production to raise liquidity, raise value-added of the Lavan Oil Refinery’s oil product, vacuum distillation project and bitumen production unit construction. 

He said preliminary studies in the last two projects, which are early incentive in nature, have been completed and a committee to attract necessary capital then asked volunteers to finance the project and the result was a group of almost 30 companies announcing readiness to finance the whole process.

He added that under the project, fuel oil will be turned into bitumen, lube cut, and gasoil. 

He noted that his company advisor at estimated the project to cost 30 million dollars.

The manager said another project his company is to follow is production of turbine backpressure.

He said once the project is commissioned and the turbines are operational, seven to eight megawatts of power can be produced.

He added that the project will cost $12 million.

“The project will drastically cut fuel consumption and wastages and turn them into fuel.”

Elsewhere in his remarks, Akhbari, said on Wednesday that by the next one or two months, his refinery will start to market 2,700,000 liters of euro 4 gasoline as part of Iran’s energy efficiency and environment protection plans.

Akhbari said his refinery will produce up to 2,700,000 liters of euro 4 gasoline from two million liters of euro 2 gasoline.

He said the project will keep the atmosphere clean.

He noted that the Lavan Oil Refining Company’s wastages were minimized dramatically in the Iranian year of 1395 (2016-17) and by 32 percent in the Iranian calendar year of 1394 (2013-14).

He put the amount of wastage in the first seven months of this Iranian calendar year at 11,829 tons from 33,114 tons in the year before.

Akhbari went on to say that thanks to the hard endeavors of his directors and staff, the hydrodesulfurization (HDS) unit was also put into operation. 

In another development, Akhbar said the distillation units’ construction at Lavan Refinery has cost 253 million euros.

He announced it will have three projects for whose commissioning tenders will be held in the near future.

He boasted that it is now self-sufficient in catalyst production.

The official said that the refinery plans to produce jet fuel in the near future, adding that jet fuel produced in Lavan cold be exported to countries in the region.

He went on to say that his company used to import many parts but is now they are produced inside.