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$590m NGL plant inaugurated in Iran

  • Iran: Sunday, February 17 - 2013 at 04:56

Iran has inaugurated a $590m natural gas liquids (NGL) plant on the Arabia Gulf island of Siri, Tehran Times has reported. The National Iranian Offshore Oilfields Co said the plant will produce 1,400 barrels of gas condensates, 1,500 barrels of pentane, 4,000 barrels of butane, and 8,000 barrels of propane per day. Some of the production of the new plant will be produced from associated gas, also known as flare gas or associated petroleum gas, which is a form of natural gas that is commonly found associated with deposits of petroleum.

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