Imam Khomeini Oil Refining Company
Imam Khomeini Shazand Oil Refining Company is a major state-linked refinery in Markazi Province near Arak and Shazand. Its importance in the Hormuz Group graph comes from its position inside Iran's central industrial belt, where refining output supports transport fuel, industrial feedstocks, energy supply, and downstream materials. The refinery is not a normal listed equity vehicle, but it is highly relevant for energy security and industrial continuity.
Market position
A large domestic refinery with reported operating capacity of 250,000 barrels per day. The company describes the refinery as important to domestic fuel supply and Euro 4/5 environmental standards.
Operations & footprint
Products and services
Imam Khomeini Shazand Oil Refining Company refines crude oil into strategic petroleum products including gasoline, gas oil, kerosene, liquefied petroleum gas, naphtha, jet fuel, fuel oil, and downstream feedstocks. It serves domestic fuel security, industrial energy demand, transport fuel needs, and central Iran's materials supply chain.
Operations and assets
The refinery reports processing Iranian crude from Ahwaz-Asmari and North Dezfoul, with a stated blend of 55% light and 45% heavy crude. Units include atmospheric and vacuum distillation, visbreaking, LPG recovery, naphtha and gasoline hydrotreating, catalytic reforming, Isomax, hydrogen and sulfur recovery, isomerization, RFCC, reduced-crude desulfurization and propylene recovery.
Geographic footprint
Operations are in Shazand, Markazi Province, Iran. No verified export footprint or export volumes were provided.
Ownership & group structure
Ownership
Subsidiary of the National Iranian Oil Refining and Distribution Company (NIORDC).
Parent company
National Iranian Oil Refining and Distribution Company (NIORDC).
Commercial and investment relevance
For investors, Imam Khomeini Shazand Oil Refining Company is relevant as a core industrial-energy node in central Iran. It helps map fuel availability, downstream feedstock supply, petrochemical linkages, logistics demand, environmental pressure, and the reliability of energy inputs for manufacturers. Due diligence should focus on regulatory exposure, environmental compliance, fuel-pricing policy, feedstock continuity, maintenance cycles, sanctions-sensitive equipment access, and the refinery's role in supporting industrial clusters around Markazi and neighboring provinces. For March 2024 to January 2025, NIORDC reported average daily production of 13.95 million litres of gasoline, 11.74 million litres of gas oil (diesel), 5.14 million litres of fuel oil, 3.17 million litres of LPG, 1.49 million litres of kerosene and 0.73 million litres of heavy jet fuel.
Constraints, risk & compliance
Key risks and constraints
Relevant decision factors include dependence on domestic crude supply, state ownership and regulated fuel markets, refinery maintenance and operating reliability, and sanctions-related restrictions.
Sanctions and compliance considerations
The company is listed in OFAC’s sanctions search under sanction programs including SDGT and IFSR. Parties considering dealings should obtain current specialist legal and compliance advice; this profile does not determine the permissibility of any transaction.
Need more than a public profile?
Ask Hormuz to investigate, verify or act locally around Imam Khomeini Oil Refining Company. Tell us exactly what you need.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What is Imam Khomeini Oil Refining Company?
Imam Khomeini Oil Refining Company is a NIORDC subsidiary operating an oil refinery in Shazand, Markazi Province, Iran. It is also known as IKORC, the Shazand refinery or the Arak refinery.
What is the refinery's reported capacity?
The company and NIORDC materials report an operating capacity of 250,000 barrels per day. The refinery was launched in 1993 with an initial nominal capacity of 150,000 barrels per day.
What products does the Shazand refinery produce?
Reported products include gasoline, gas oil (diesel), LPG, kerosene, fuel oil and heavy jet fuel. NIORDC reported average production rates for March 2024 to January 2025.
Is Imam Khomeini Oil Refining Company subject to sanctions considerations?
OFAC’s sanctions search lists Imam Khomeini Shazand Oil Refining Company under programs including SDGT and IFSR. Any prospective transaction requires current legal and compliance review.