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South Pars Fifth Refinery Rebuild Is 67% Done on Key Equipment, With the First Train of Unit 103 Targeted for Dey 1405

Sahmino Newsroom | 9 November 2026 | 5 days ago

Mehr reported on Monday, November 9, 2026 (18 Aban 1405) that the rebuild of damaged facilities at South Pars's fifth refinery is under way to restore gas production capacity. Repairs to key equipment are 67% complete, and the first train of Unit 103 is expected to be ready for start-up in Dey 1405 (December 22, 2026 to January 20, 2027). That date is the report's estimate, not a firm start-up commitment.

According to the same report, work began after a preliminary agreement on 3 Shahrivar (August 25) and is being carried out by the Petropars Group with staff and contractors on site around the clock. Since Mehr 1405, repair of 21 major damaged items has begun, heavy steel structures have been built, and long-lead items are being made at domestic factories in three shifts. The aim is to prepare two gas trains with a capacity of 1,000 million standard cubic feet of gas.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude rose 4.6 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 6.3 percent, to 3,884 dollars.

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+4.6%
Gold ounce
−6.3%

Prices to the close of 13 November

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