May 11, 2021 17:45

Gas Condensate Output to Reach 1.3 Million bpd

The higher production, mostly NGLs and naphtha, will come from the newly inaugurated Parsian Sepehr Gas Refinery in Fars Province, the Persian Gulf Bidboland refinery in Khuzestan Province and Kangan Petro Refining Company in Bushehr Province

Natural gas condensates output is expected to double by the end of the calendar year next March, the state news agency reported.
An estimated 650,000 barrels of gas condensates are produced in Iran per day and is projected to reach 1.3 million barrels, IRNA reported based on information from the Oil Ministry.
Gas condensate is a low-density mixture of hydrocarbon liquids that are present as gaseous components in raw natural gas produced from gas fields.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

https://financialtribune.com/node/108583Click to copy the urlCopied

Republishing Guidelines