27 June 2011
The country's first gas to liquid (GTL) refinery for converting natural gas to gasoline will be launched, announced deputy minister of industries and mines.
Majid Hedayet said the refinery will produce gasoline by converting natural gas, Mehr News Agency reported.
He noted GTL is one of the most advanced industries of procuring value-added products from natural gas, adding existence of more than 33 trillion cubic meters of natural gas in the country provides technical and economical justification for the development of GTL industries to decrease gasoline imports.
Referring to Iran's self-sufficiency in manufacturing 10 types of industrial catalysts, Hedayet, who is also the managing director of Industrial Development and Renovation Organization of Iran (IDRO), said, "We will become self-sufficient in producing gasoline catalyst in the near future."
The official noted currently, IDRO is involved in projects worth more than $18 billion in various field such as modern industries.
Revenues from industrial exports last year, he said, increased to $600 million.
The country's first gas to liquid (GTL) refinery for converting natural gas to gasoline will be launched, announced deputy minister of industries and mines.
Majid Hedayet said the refinery will produce gasoline by converting natural gas, Mehr News Agency reported.
He noted GTL is one of the most advanced industries of procuring value-added products from natural gas, adding existence of more than 33 trillion cubic meters of natural gas in the country provides technical and economical justification for the development of GTL industries to decrease gasoline imports.
Referring to Iran's self-sufficiency in manufacturing 10 types of industrial catalysts, Hedayet, who is also the managing director of Industrial Development and Renovation Organization of Iran (IDRO), said, "We will become self-sufficient in producing gasoline catalyst in the near future."
The official noted currently, IDRO is involved in projects worth more than $18 billion in various field such as modern industries.
Revenues from industrial exports last year, he said, increased to $600 million.
© Iran Daily 2011
