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Monday, 18 March 2019 11:00

Iran launches South Pars phases 13, 22-24 refinery

Iran launches South Pars phases 13, 22-24 refinery

Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of the National Iranian Oil Company (NIOC).

Each of the phases are being developed for production of 56 mcm/d of natural gas, 75,000 barrels/day of gas condensate and 400 t/d of sulfur. The phases are also expected to yield 1.05 million tons of liquefied petroleum gas (propane and butane) and 1 million tons of ethane to feed petrochemical plants annually.

The items produced at the phases are valued at roughly $5 billion per year.

Iran has invested $10 billion in the two megaprojects which exceed 2% of the country's gross domestic product.

By inauguration of the projects, for the first time, Iran’s gas recovery from South Pars joint gas field exceeds that of Qatar. The two countries share the field in Persian Gulf waters.

Along with opening the two megaprojects, the president also launched gas metering systems of South Pars refineries (Metering), the Mercaptan Production Plant in Assaluyeh, and the strategic Assalouyeh-Kangan Ethane Pipeline via video conference.

More details: http://en.nioc.ir/portal/home/?news/81365/71248/315052/Iran-Launches-South-Pars-Phases-13-22-24-Refinery

Person in charge of the newsline: Olga Nagiyeva 

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