Tabriz Oil Refining Co. (TZORC)

Tabriz Oil Refinery was initially designed in 1974 and construction operations were concluded by February 1978. According to policies adopted later, this refinery began to operate as an independent legal entity and changed name to Tabriz Oil Refining Company as of 1998. The company is located in the southwest of Tabriz city, on a 150-ha plot of land at the elevation of 1,362 meters above sea level. The nominal capacity of Tabriz Oil Refining Co. initially 80,000 barrels per day. However, following the implementation of capacity expansion schemes, its refining capacity has now increased to 110,000 barrels per day. The required crude oil is supplied from Ahwaz Asmari oil fields in the southwest of Iran via the Rey Installations 16-inch pipeline. Tabriz oil refinery has 14 refining units and 10 off-site service facilities. In the spring of 2003, Tabriz Oil Refining Company became engaged in a project known as the Caspian Sea Republics Oil Swap (CROS), involving the processing of crude ...