Iran’s Persian Gulf Bid Boland Refinery Showing Outstanding Performance 

The refinery is capable of refining 56.6 million cubic meters of associated gas per day, which will add 10.4 million tons of methane, 1.5 million tons of ethane, 1 million tons of propane, 0.5 million tons of butane, 0.6 million tons of gas condensate, and 0.9 million tons of sour gas to the country's production capacity annually.

It is also expected that if the refinery operates at 100 percent of its feed capacity, it will generate about $700 million in revenue for the country annually.

Back in 2020, Bid Boland Refinery project was nominated for the International Project Management Association (IPMA)’s Global Project Excellence Award at the energy sector; it was also awarded as Iran’s top mega project by the Ninth National Project Management Award.

As stated by Ali-Mohammad Pour-Reza, the then managing director of the refinery, Bid Boland project is leading in terms of benefiting from domestic capabilities.

It is playing a significant role in providing feed to the country’s petrochemical plants and completing their output basket.

Bid Boland has also played a great part in materializing the old dream of zero-flaring in the country’s oil industry, as in mid-October last year during an official ceremony, the project to end the gas flaring was inaugurated at this refinery.

The project to process associated gas from crude oil production, rather than burn it through flaring, was a big environmental event.

It was aimed to create value-added, prevent pollution resulted from gas flaring and serve public health and environment.

Bid Boland Refinery had signed three deals worth €165 million with domestic companies for collecting and recovering flare gases of Rag-Sefid offshore oilfield in early April 2021.

The mentioned deals covered construction of 24 centrifugal compressors as well as Rag-Sefid’s flare gas recovery station.

4155/v