Final UN annex records capital shortages delaying two new refineries

The mission found refinery saleable yields of 94–96 percent broadly average for the industry. It assessed this performance measure separately from throughput, fuel use, product mix and losses.

The mission was informed that refinery weight losses approached 0.5 percent and judged this unsatisfactory. The annex treated these losses as a performance concern rather than assuming restored output...

From limited data, refinery fuel consumption appeared above average to the mission. It observed little energy-conservation equipment and connected this shortcoming with binding financial constraints.

The mission considered Iran’s refinery light-oil to heavy-oil ratio too low while gasoline, kerosene and diesel were imported at high cost. It recommended reexamining refinery configurations, rather...

Planned capacity expansion, gasoline lead reduction and additional lubricating-oil production were normal industry-development projects, the mission stated. It excluded them from its accounting of...

Most petrochemical facilities lay along the northern Persian Gulf shore, putting them within easy range of aerial attack. The annex identified this industrial geography as a reason the sector was...

For several years in the middle of the war, production at all chemical plants was virtually halted, the annex stated. It described a period of severe sector-wide interruption, without supplying...

The annex’s production history indicated losses on the order of 30 million tonnes of petrochemical products over eight years. This was a cumulative output-loss estimate, not a count of destroyed...

Table B.3 reported refinery reconstruction expenditure of 8,646 million rials and $162 million during the war, followed by 10,388 million rials and $195 million after the ceasefire. The figures...

Table B.4 reported petrochemical reconstruction expenditure of 15,535 million rials and $291 million during the war, then 33,315 million rials and $624 million after the ceasefire. Monetary...