This achievement is a key milestone in the implementation of the “New
Bandar Imam” development strategy, where the sustainable stabilization of
feedstock supply plays a critical role.
NGL Feedstock Doubled
One of the most notable gains was recorded in NGL (Natural Gas
Liquids) supply, which increased from 40,000 barrels per day in 2021 to over
80,000 barrels per day in 2024, totaling 2.5 million tons of NGL for the year.
This volume sets a new record in the past seven years and significantly boosts
the company’s overall production.
Strategic Investments Enabled Growth
The rise in feedstock supply was made possible by strategic planning
and targeted investments, including:
·
Over IRR 5,000 billion in
maintenance and spare part procurement from South Oil-Rich Regions’ NGL units
·
A USD 1 billion investment
in the Haweizeh Gas Refinery
·
EUR 65 million injection
into the Dehloran Petro-Refining Project
Production Hits 6-Year Peak
Thanks to this increase in feedstock, BIPC recorded a total production
of approximately 4.87 million tons in 2024, representing the highest output in
six years and a 36% increase compared to 2021. This growth marks a major step
towards realizing the company’s long-term production objectives.