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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.


Tags: Iran Middle East

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    Vladimir NESTEROV

Europe and Syria

The exodus of refugees from Africa and Asia has ripped away the mask from Europe’s humanist face. It turns out that proclaiming and preaching one’s values is not the same thing as living up to them. Unable to resolve the migrant problem, they have begun a hunt for the guilty...

Aeroflot AFISMA African Union Africom AIIB AIPAC Al Qaeda Al Shabaab Al-Jazeera ALBA Amnesty International Anonymous Ansar Allah APEC Arab League ASEAN ATAKA Atomstroyexport Bank for International Settlements Bank of America Barclays Basel Committee BBC Bilderberg Club Black Bloc BlackRock Blackwater Boco Haram BP BRICS CARICOM CELAC Center for Responsive Politics CEPAL Chatham House Chevron CIA CICA CIS Citigroup CNN Committee of 147 Committee of 300 Council of Europe Council on Foreign Relations Crescent Crescent Petroleum CSTO Customs Union CyberBerkut DARPA Davos DEA Defense Intelligence Agency DIA Dragon Family E.ON Eager Lion ECOWAS EDA ELNET Enbridge Pipelines ETA EU EULEX EurAsEc Eurasian Union European Commission European Court of Human Rights European Union Exxon Mobil Facebook FAO FARC FATAH FBI FDA Federal Reserve FIFA Financial Action Task Force Financial Stability Board Fitch FIVE EYES Franklin Templeton Freedom House FRS FSB FTA FUEN G-4 G20 G7 G8 GATA Gazprom GCHQ GECF Gladio Glonass Goldman Sachs Google Green Group Greenpeace GUAM Guardian Gulf Cooperation Council Hague Tribunal HAMAS Heritage Foundation Hezbollah Hizb ut-Tahrir Hollywood HSBC Human Rights Watch IAEA IEA IHRC IMF International Criminal Court Interpol IOC ISAF Islamic jihad Islamic Revolution Guards Corps ITERA Jamestown Jobbik JP Morgan Jundullah KFOR KLA Ku Klux Klan Liberation Tigers of Tamil Eelam Lukoil Massachusetts Institute of Technology Mercosur Microsoft Missile defense Missile Defense Agency Monsanto Moody's Morgan Stanley Mossad Most-Favoured Nation Mujahedin-e Khalq Muslim Brotherhood Nabucco NAFTA Naftogaz NASA Nation of Islam National Security Agency NATO NDAA NDI NED Non-aligned Movement NORAD Nord Stream NORTHCOM Northern Distribution Network NSA OECD Oerlikon OIC OPCW OPEC Open Government Partnership Organization of American States OSCE OTW movement OUN / UPA PACE PACOM Pan-Europa movement Pegida Pentagon PJAK PKK Podemos PRISM PYD Red Cross Renova Republican Party Rosatom Roscosmos Rosneft Rosoboronexport Ruhrgas RusAl RWE SABSA Scientology Shanghai Cooperation Organization Shell Siemens South Stream Southern Command Standard & Poor's Statoil Strategic Nuclear Forces Stratfor SWF SWIFT Syrian National Council SYRIZA Taliban Tamarod TAPI TeleSur TNK-BP Total Trans-Pacific Partnership Transneft TTIP TTP Turkish Stream Twitter UN UN International Court UNASUR UNESCO UNICEF USAID Valdai Club Visegrad Group Wall Street Westinghouse WHO Wikileaks World Bank WTO Yukos “Mass Atrocity Response Operations”

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