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News // petrochemistry

Hassan Rouhani to inaugurate South Pars new refineries within 2-3 weeks

08 February 2019 , 10:11Neftegaz.RU607

Teheran, February 8 - Neftegaz. RU. The new refineries of South Pars gas field will be inaugurated by President Hassan Rouhani during the next 2-3 weeks, Iran’s Oil Minister Bijan Zanganeh announced in a press conference.

 

The refineries belong to phases 13, 22-24 of the gas field that their development has costed $10 billion, the minister said.

 

The 4 mentioned refineries will receive 3 billion cubic feet of gas per day, of which 2 billion cubic feet will be supplied by the offshore platforms of phases 13, 22, 23, and 24 and the rest 1 billion cubic feet will be transferred from phase 14 to these refineries, Zanganeh explained.

 

South Pars refineries account for refining 74 % of gas produced in Iran, according to the managing director of South Pars Gas Company (SPGC), which is in charge of implementing development phases of the huge gas field.

 

The huge offshore field, Iran shares with Qatar in the Persian Gulf, is estimated to contain a significant amount of natural gas, accounting for about 8% of the world’s reserves, and approximately 18 billion barrels of condensate.

 

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