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Iran launches NGL plant in Persian Gulf: report

News | 17.02.2013 | 06:54
 

 

Iran inaugurated a natural gas liquids (NGL) plant on the Persian Gulf island of Siri, Tehran Times daily reported Saturday.

The Siri NGL plant is projected to produce 1,400 barrels of gas condensates, 1,500 barrels of pentane, 4,000 barrels of butane, and 8,000 barrels of propane per day, the managing director of National Iranian Offshore Oilfields Company, Mahmoud Zirakchianzadeh, was quoted as saying.

The plant will also have about 500 million U.S. dollars of sales annually, said Zirakchianzadeh.

Some of the output of the new plant will be produced from associated gas, also known as flare gas or associated petroleum gas, which is burnt out and significantly contributes to the worldwide anthropogenic emissions of carbon dioxide, according to Tehran Times.

About 40 million cubic meters of associated gas is burnt every day at Iranian oil fields, causing around 3 billion U.S. dollars of losses for the country annually, said the daily.

Xinhua

 
Tags: Iran Middle East
 

 
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OUR COLUMNIST
    Finian CUNNINGHAM

Western Doublethink on Blind Path to War

...The US-led NATO alliance this week announced that it intends consolidating its military presence in Eastern Europe, the Black Sea and the Baltic states. Ahead of a NATO summit in Wales, NATO secretary Anders Fogh Rasmussen has called for the setting up of «reactive battalions» along Russia’s border. The contingency would include the eventual placement of ballistic missiles and it builds on recent dispatches of NATO warships and fighter aircraft in the region... Economic sanctions imposed by Washington and its European allies – the latest round announced this week – are applied with the same reckless abandon as NATO build-up. No concrete evidence of alleged Russian malfeasance in Ukraine is produced to validate sanctions or NATO battle plans...

03.09.2014
 
 
 
 
 
 
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