Aftab Oil Refining Company, as the largest exporter of petroleum derivatives in the private sector of the country, carries out refining and production of petroleum derivatives for the purpose of offering them to the global markets using various feedstocks (raw materials) supplied by the Ministry of Oil, gas and oil refineries of the country. Using its high engineering power, this company has constructed and completed the major part of the design, engineering, construction of equipment and distillation towers on a land area of more than 140 thousand square meters. Currently, the company's refining capacity is more than 20 thousand barrels per day, and all of its products are exported. This complex is the only company with three dedicated pipelines directly from the Bandar Abbas refinery with a length of 7 kilometers, a storage site, and also a dedicated port area at Shahid Rajaee Pier.
CEO: Dr. Hamed Kaviani
Industry:
Transportation and Logistics
Location: Bandar Abbas County, Hormozgan Province, Iran
Aftab Oil Refining Co. History
Aftab Oil Refining Company started its activities in May 2007. Creativity, speed of action of the executive body and new ideas in the oil fields have played a very important role in the development of the company's business. This company is the largest completely private refinery in the country after Kermanshah Refinery. Other honors of this complex include achieving the third highest growth rate of the country's economic enterprise in all industries and fulfilling all foreign exchange obligations in accordance with the law. Aftab Oil Refining Company has taken new steps towards development today in order to improve its position. The economic results and achievements of this company and its business approach are such that they are competitive and value-creating for the participation of investors, especially attracting new investors to the capital market.