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Isfahan Petrorefinery Holding transformation program

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Esfahan Oil Refining Company
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Kokel, Nicolas
10/24/2025 12:28 PM



Esfahan Oil Refining Company (EORC), also known as Isfahan Oil Refining Company was established in 1976 as a state-owned enterprise, operated under NIORDC supervision since NIORDC's establishment in 1991, and privatized in 2008 while maintaining NIORDC's governmental oversight.

Beginning in 2021, EORC initiated a strategic evolution from a stand-alone refining company into a diversified holding company structure.

The attached promotional leaflet describes the transformation program of EORC as published on Rahbord Energy (Energy Strategy) website, which includes capacity expansions, the construction of new processing plants, as well as the development of a second refinery. #eorc #petrorefinery #holding #esfahan #isfahan