Performing activities of Parsian Sepehr Refining project was started at 2009 and according to preliminary estimations, it was supposed that up to the end of 2014, the project would put into operation that due to lack of finance, it would not be possible. In 2014-2015, Energy Sepehr Company (as 80% shareholder of the company) transferred its shares and by entrance of new shareholders, EPCC contract was drawn up with Hampa Energy Company (the primary contractor of the plan) and preparations of operational activities of the plan has been done.