Persian Gulf Star Oil Company
Identity, headquarters, legal form, founding year, refinery operation, feedstock and product slate are supported by first-party and sector sources. Capacity figures are reported for 2019–2020 and should not be treated as current operating output.
Market position
A major Iranian gas-condensate refining asset. Capacity in 2019–2020 was 360,000 barrels per day of gas condensate and 45 million litres per day of euro-quality gasoline.
Operations & footprint
Products and services
Persian Gulf Star Oil Company operates the Persian Gulf Star gas-condensate refinery near Bandar Abbas, producing gasoline, gas oil, LPG, naphtha, jet fuel, sulfur, and other refined products from South Pars condensate. Its operations are linked to fuel security, port logistics, refined-product exports, and Hormozgan's energy-industrial corridor.
Operations and assets
Operates the Persian Gulf Star gas-condensate refinery. It processes gas condensate from the South Pars gas field into gasoline, gas oil (diesel), LPG, naphtha, jet fuel and sulfur.
Geographic footprint
Headquartered and operating in Bandar Abbas, Hormozgan Province, Iran.
Ownership & group structure
Ownership
Major shareholders as of 19 July 2026: Iran's Social Security Investment Company (SHASTA), Oil Industry Pension Fund and Tadbir Energy Development Group.
Commercial and investment relevance
Persian Gulf Star Oil Company is relevant for investors assessing Iran's gasoline balance, condensate monetization, refined-product logistics, port-linked energy flows, and sanctions-sensitive fuel trade. It can support analysis of fuel self-sufficiency, maintenance demand, refining inputs, product exports, shipping access, and downstream distribution. Due diligence should include sanctions screening, contract-risk review, insurance and shipping constraints, equipment-access risk, feedstock reliability, and exposure to government pricing or allocation policy. The refinery links South Pars gas-condensate feedstock with Iran's refined-fuel supply. It is relevant to suppliers, buyers and analysts evaluating refinery inputs, refined products and associated logistics.
Constraints, risk & compliance
Key risks and constraints
Key decision constraints include U.S. sanctions exposure and limited verified information on current financial performance, export volumes and destinations, maintenance or expansion plans, and workforce size.
Sanctions and compliance considerations
Persian Gulf Star Oil Company was designated by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on 1 October 2020. Counterparties should conduct current, transaction-specific sanctions and compliance review.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Persian Gulf Star Oil Company operate?
It operates the Persian Gulf Star gas-condensate refinery in Bandar Abbas, processing South Pars gas condensate into gasoline, diesel, LPG, naphtha, jet fuel and sulfur.
When was Persian Gulf Star Oil Company established?
The company was established in 2006.
Is Persian Gulf Star Oil Company publicly traded?
Yes. The evidence pack identifies it as a Public Joint Stock Company and confirms a Tehran Stock Exchange company listing.
Does Persian Gulf Star Oil Company have sanctions exposure?
Yes. The company was designated by the U.S. Treasury Department's Office of Foreign Assets Control on 1 October 2020. Transaction-specific sanctions review is necessary.