10 May 2016 - 17:29
  • News Code: 260472
Annual LPG Export Capacity Will Reach 5 Million Tones

TEHRAN, May 10 (Shana) – Annual Liquefied Petroleum Gas export capacity will reach five million tons after complete use of new phases in South Pars Gas Field, Managing Director of the Iranian Gas Commercial Company (IGCC) Mohammad Ali Barati said.

In his keynote speech in the Argus first conference on bitumen and LPG on Tuesday, he said that Iran’s LPG production will experience 100 percent jump till 2018.
 
Iran’s LPG production volume has experienced 70 percent rise from 2010 till 2016, the official added.
 
Barati said that South Pars Gas Complex (SPGC) is producing and exporting 3000 tons of LPG in South Pars Gas Complex
and after complete start up of Persian Gulf Star Refinery, 700,000 tones of LPG will be added to the current volume.
 
He referred to the Ministry of Petroleum plan for improving LPG qualification and noted that Iran aims to increase LPG export not only to its traditional customers in Middle East but also to other parts of the world.
 
Argus, a leading supplier of market statistics and pricing of petroleum products, launched its first two-day long conference on bitumen and LPG in Tehran on Monday. 
News Code 260472

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