18 October 2016 - 12:44
  • News ID: 271183
Distillation Unit of Major Condensate Refinery Operational

TEHRAN, Oct 18 (Shana) – Iran has launched the distillation unit of Persian Gulf Start Refinery in a ceremony that will see the attendance of First Vice-President Eshaq Jahangiri and Iranian Minister of Petroleum Bijan Zangeneh.

The first phase of the condensate refinery comprises utilities, procedural, flaring, storage and interface sections.

Once operational, the phase processes 120,000 barrels of gas condensate to produce gasoline, gasoil, liquefied petroleum gas and kerosene with Euro-4 standards. 

A major part of the refinery's utility sectors have come online so far.

Fulfillment of the refinery's first phase will bring Iran to self-sufficiency in gasoline production. Iran is now an importer of gasoline.

Iran currently imports 5 ml/d of gasoline to meet its growing demand. The startup of Persian Gulf Star Refinery would let Iran even export 3 to 4 ml/d of gasoline.  

The project, Iran's first gas condensate refinery, has so far received €1.6b for its completion.

It will consume 360,000 barrels of gas condensate on a daily basis once fully operational.
News ID 271183

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