• Energy

    Siraf Pars Port Making Headway in LPG Exports

    Close to 345,000 tons of liquefied petroleum gas have been exported from the Siraf Pars Port on the Persian Gulf coast since February 2021, the port operator said.

    “Although the second jetty for loading and exporting LPG from Siraf Pars Port is yet be inaugurated in March, over 345,000 tons of propane and butane, produced by South Pars Refinery Phase 19 and Kangan Petroleum Refining Company, have been exported from the first jetty over the last 11 months,” IRNA also quoted Payam Motamed as saying.

    “In order to increase the port's loading and export capacity, the construction of a second jetty with a loading capacity of 5,000 cubic meters per hour of liquefied gas is being completed by Iranian experts and engineers,” he said.

    “The first jetty for loading and exporting LPG has a loading capacity of 5,000 cubic meters per hour of cold propane and butane.”

    Motamed noted that the first sulfur storage warehouse with a capacity of 43,000 tons and a jetty for loading and exporting sulfur, with a capacity of 1,000 tons per hour, will also be launched in March.

    Another sulfur storage facility will be built at the port to double the storage capacity to 86,000 tons.

    Siraf Pars Port is the second largest terminal for exporting the output of South Pars Gas Field, built with an investment of $450 million on 360 hectares in Kangan region, Bushehr Province.

    Iran's liquefied petroleum gas shipments reached 450,000 tons last October compared with 556,000 tons exported in September, largely to Asia, and are expected to rebound in November, trade sources said.

    Exports up to Oct. 2021 were around 220,000 tons, the sources added, S&P Global Platts reported.

    "The export volume in October was lower in comparison to September. The export volume was fluctuating between 450,000 tons per month and 530,000 tons per month," a trade source said.

    Iran's LPG exports were hovering near two-year highs at around 500,000 tons/month between last July-August and rose further in September. This, together with volumes in October and November, helped meet Chinese demand, as more propane dehydrogenation (PDH) plants resumed operations after undergoing maintenance.

    Yantai Wanhua Chemical restarted the 750,000 tons/year PDH plant on Oct. 13, a company source said, after shutting it last September for 40 days.

    Fuji Petrochemical, a subsidiary of Oriental Energy, resumed operations of its PDH plant in eastern Zhejiang Province around mid-September, following maintenance since early August last year.