09 June 2013
The first consignment of gas condensates was delivered to Lavan Refinery from the NGL Refinery on Sirri Island in Persian Gulf.
Gas condensates from the Sirri refinery, which are considered most profitable, are delivered after storage, ISNA reported.
The NGL Refinery on Sirri Island produces 1,500 barrels of pentane, 4,000 barrels of butane, 1,400 barrels of gas condensates and 8,000 barrels of propane. Each barrel is traded for between $600 and $800 in global markets.
With the implementation of the NGL project, 163 million cubic feet of gas will be saved and over $150 million worth of forex revenues will be generated annually.
The plan to gather associated gases and gas condensates from Sirri started in June 2004 and was completed in February 2013.
Once the NGL project is completed, close to 22 million cubic feet of gas will be produced from Nasr Platform, 100 million cubic feet from Sirri Oilfield and 43 million cubic feet of gas from Esfand oilfield.
In addition, some 108 million cubic feet of gas will be sent every day to the islands of Kish and Qeshm for securing the fuel required by power plants.
It will also become possible to export gas to Persian Gulf littoral states.
The NGL project, which is implemented by Oil Industries Engineering and Construction Company, includes the NGL Refinery, underwater pipeline from Sirri to Kish and Qeshm, gas pressure station of Kish Island, gas supply to Kish Power Plant and gas pressure station on Nasr Platform.
The project implemented in the Persian Gulf waters is considered environmentally viable. For the first time, an oil project has received the endorsement of the United Nations as a safe environmental scheme.
The first consignment of gas condensates was delivered to Lavan Refinery from the NGL Refinery on Sirri Island in Persian Gulf.
Gas condensates from the Sirri refinery, which are considered most profitable, are delivered after storage, ISNA reported.
The NGL Refinery on Sirri Island produces 1,500 barrels of pentane, 4,000 barrels of butane, 1,400 barrels of gas condensates and 8,000 barrels of propane. Each barrel is traded for between $600 and $800 in global markets.
With the implementation of the NGL project, 163 million cubic feet of gas will be saved and over $150 million worth of forex revenues will be generated annually.
The plan to gather associated gases and gas condensates from Sirri started in June 2004 and was completed in February 2013.
Once the NGL project is completed, close to 22 million cubic feet of gas will be produced from Nasr Platform, 100 million cubic feet from Sirri Oilfield and 43 million cubic feet of gas from Esfand oilfield.
In addition, some 108 million cubic feet of gas will be sent every day to the islands of Kish and Qeshm for securing the fuel required by power plants.
It will also become possible to export gas to Persian Gulf littoral states.
The NGL project, which is implemented by Oil Industries Engineering and Construction Company, includes the NGL Refinery, underwater pipeline from Sirri to Kish and Qeshm, gas pressure station of Kish Island, gas supply to Kish Power Plant and gas pressure station on Nasr Platform.
The project implemented in the Persian Gulf waters is considered environmentally viable. For the first time, an oil project has received the endorsement of the United Nations as a safe environmental scheme.
© Iran Daily 2013
