BAKU, Azerbaijan, September 1. Iran’s Bandar Abbas Refinery saw its net revenue increase by 12 percent in the first three months of the current Iranian year (from March 21 through June 21, 2025) compared to the same period last year (from March 20 through June 20, 2024), Ahmad Hashemi, CEO of the Bandar Abbas Refinery, Trend reports.
In a statement to reporters, Hashemi noted that the company’s net revenue for the three months reached 170 trillion rials (about $296 million).
Hashemi added that the company’s revenue for the previous year (from March 20, 2024, through March 20, 2025) totaled 210 trillion rials (about $365 million).
The company official also expressed expectations that net revenue for the current year (from March 21, 2025, through March 20, 2026) will reach even higher levels.
The Bandar Abbas Refinery processes 380,000 barrels of crude oil and gas condensate daily, ranking it as the third-largest refinery in Iran. The plant produces liquefied gas, gasoline, white oil, diesel, fuel oil, solvent 402, lube cut, sulfur, and other products.
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