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Iran allocates 2.1b to build gas condensates refinery
Economic Desk
http://www.tehrantimes.com/economy-and-business/106327-iran-21b-to-build-gas-condensates-refinery-
On Line: 10 March 2013 17:25
In Print: Monday 11 March 2013
TEHRAN - Iran has allocated 2.1 billion so far in establishing the
Persian Gulf Star gas condensates refinery in southern Hormozgan
province, IRNA quoted Hormozgan Province governor general Ebrahim
Azizi as saying.
The refinery is the largest gas condensates refinery in the world
The construction of the refinery has progressed by 65 percent, he
said, adding that it will add 27.6 million liters to the country's
daily gasoline output.
Some 3.6 billion will be invested in the project. The refinery will
also produce 14 million liters of diesel fuel, 3.8 million liters of
LPG, and 3.3 million liters of jet fuel.
On January 25, IRNA quoted deputy oil minister Alireza Zeighami as
saying that seven oil refining projects are underway in Iran, with the
goal of boosting gasoline production capacity to 110 million liters
per day.
The projects will be inaugurated maximum by the end of the first half
of the next Iranian calendar year (September 21, 2013), he added.
The projects include Arak, Lavan, Tabriz, Esfahan, Bandar Abbas,
Tehran, and Persian Gulf Star refineries.
Iran exported over 132,000 tons of gasoline, worth around $134
million, last year.
According to Customs Administration data, the gasoline exports rose by
127 percent in value and 108.5 percent in volume, respectively,
compared to the year before.
Armenia, Afghanistan, the UAE, Iraq and Oman were the destinations for
Iranian gasoline.
Economic Desk
http://www.tehrantimes.com/economy-and-business/106327-iran-21b-to-build-gas-condensates-refinery-
On Line: 10 March 2013 17:25
In Print: Monday 11 March 2013
TEHRAN - Iran has allocated 2.1 billion so far in establishing the
Persian Gulf Star gas condensates refinery in southern Hormozgan
province, IRNA quoted Hormozgan Province governor general Ebrahim
Azizi as saying.
The refinery is the largest gas condensates refinery in the world
The construction of the refinery has progressed by 65 percent, he
said, adding that it will add 27.6 million liters to the country's
daily gasoline output.
Some 3.6 billion will be invested in the project. The refinery will
also produce 14 million liters of diesel fuel, 3.8 million liters of
LPG, and 3.3 million liters of jet fuel.
On January 25, IRNA quoted deputy oil minister Alireza Zeighami as
saying that seven oil refining projects are underway in Iran, with the
goal of boosting gasoline production capacity to 110 million liters
per day.
The projects will be inaugurated maximum by the end of the first half
of the next Iranian calendar year (September 21, 2013), he added.
The projects include Arak, Lavan, Tabriz, Esfahan, Bandar Abbas,
Tehran, and Persian Gulf Star refineries.
Iran exported over 132,000 tons of gasoline, worth around $134
million, last year.
According to Customs Administration data, the gasoline exports rose by
127 percent in value and 108.5 percent in volume, respectively,
compared to the year before.
Armenia, Afghanistan, the UAE, Iraq and Oman were the destinations for
Iranian gasoline.