Ethane
production capacity in Asaluyeh is around 7.6 million tons a year. With the
launching of the four phases output will reach 9.6 million tons, Iran Petronet
website reported.
There also
are plans to increase ethane production in the region in the next fiscal,
including the first phase of Bushehr Petrochemical Complex with annual capacity
of 850,000 tons of methane, and Parsian Sepehr Refinery, with 1.3 million tons
per year, as well as phases 12 and 14 of South Pars, with a capacity of 1.7 and
1 million tons respectively.
Recently, Iranian
Minister of Petroleum Bijan Zanganeh said the country's annual ethane
production capacity will reach 17.6 million tons by March 2021, Shana wrote.
Addressing a
ceremony to launch two petrochemical projects and a utility project in
Asaluyeh, southern Iran, the official said Iran's ethane production capacity
will reach 12.75 million tons by the end of the next Iranian calendar year to
March 20, 2020.
Over the
course of the past 5 years, since 2013, the year President Hassan Rouhani took
office, 15 major petrochemical projects have come on-stream, the official said.
He referred
to Ilam, Lorestan, Sulfuric acid unit of Urmia, Mahabad, Ammonia and Urea
Production Unit of Shiraz, Kurdistan Petrochemical Plant, Karoon, PBR and SBR
(Takht Jamshid) units as the projects that have come online since 2013, saying
based on the 2011 prices, the value of the items produced by these facilities
top $3.5 billion.
The official
said that an investment of $1.85 billion had been made for construction of
Phase III of Pardis Petrochemical Plant, Marjan Methanol Unit and Phase I of
Damavand Petrochemical Utility Complex.
Zanganeh
further said that the value of the items produced at Pardis and Marjan plants
stood at $834 million annually.
He further
touched on the increased production and exports of petrochemicals in Asaluyeh
since 2013, saying Morvarid, Kavian, Entekhab and Takht Jamshid Pars
Polystyrene Plants have come on-stream since the year.
The Iranian
Minister of Petroleum said the facilities supply 2 mt/y of output and the value
of the items produced by them crosses $4.359 billion dollars annually based on
2011 prices.
Iran's
petrochemical output in terms of weight has increased from 42.5 million tons in
2013 to 54 million tons in 2017.
In the
calendar year of 1396 (began March 2017), the total ethane production of the
country was 6.11 million tons per year, up from 3.8 million tons per year in
1392, which is projected to reach 8 million tons in 1397, he added.
**Bidboland
Gas Refinery Online by mid-2019
Zanganeh
said Persian Gulf Bidboland Gas Refinery is one the agenda of the Iranian
Ministry of Petroleum for production of ethane, adding the plant is to be fed
by 2 billion cubic feet of gas from Khuzestan and will come on-stream by
mind-2019.
Parsian
Ethane Recovery Unit, NGL 3200 in the West Karoon area, NGL 3100 in Ilam and
Khark NGL units are other ethane production projects which are under
construction and will come online in the coming months, the official added.
Kaveh
Methanol Production Plant, First Phase of Bushehr Petrochemical Complex, Ilam
Petrochemical Plant, Sabalan Methanol Production Unit, Lordegan Chemical
Fertilizer Plant, Miandoab Petrochemical Plant and Sadaf SPR Unit of Bushehr
Plant are other projects that are being built and once operational will yield
$2.5 billion of revenue annually. The projects are being constructed with $4
billion of investment.
**Siraf
Condensate Refinery Park Up for Grabs
Zanganeh
said that Siraf Condensate Refining Project is in need of financing to be
constructed, adding the project, with 480,000 barrels/day of gas condensates
refining capacity, will consume all the country's gas condensate output and
would leave no cargoes for export.
"We are
optimistic to launch the projects by tapping the National Development Fund of
Iran by the end of the Rouhani Administration," he said.
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