3956
SPGC Repair Optimization Saves $990m
Energy

SPGC Repair Optimization Saves $990m

The South Pars Gas Complex (SPGC) has earned $990 million by reducing the period of major repairs in its South Pars phases in the Persian Gulf, managing director of the SPGC said, IRNA reported.
"By lowering the time of repairs by 40 percent in the South Pars Complex, gas output has reached 1.6 billion cubic meters," said Masoud Hassani.
The improvement led to a 272% increase in the SPGC propane production in the March-September period compared to the same period last year; butane output also increased by 59% in the said period. Due to the optimization of the repairs, SPGC's gas supply to refineries had increased to 71.2 billion cubic meters (bcm) in the first five months of the present Iranian calendar year (March-August) after a 15 percent increase compared to the same time last year.
Gas output from the refineries had also reached 66.5 bcm in the said period, with the production of gas condensate at 10.5 million cubic meters and liquefied petroleum gas (LPG) at 583,000 metric tons. Hassani said that SPGC reviews the progress of its projects within the 20-Year Vision Plan every three months.
The 2025 Vision aims to promote the country's overall position at the national, regional and international levels and reach a developed status by 2025.

 

Short URL : http://goo.gl/KPLH2Q

You can also read ...

The share of renewables in Iran’s energy mix is as low as 360 MW.
The Energy Ministry is keen to make good on a promise to add...
NIOC to Hold Briefing on Azadegan Oilfield Tender
State oil company, NIOC, is set to hold a briefing this week...
Zanganeh Highlights Gas Export Barriers
Iran is facing a bumpy road in expanding natural gas export,...
Rosneft, Trafigura Close $13b Purchase of Essar Refinery
Russian oil major Rosneft, oil trader Trafigura and Russian...
Total, Maersk in $7.5b Deal
Total is buying Maersk's oil and gas business in a $7.45...
Rising US production has been a major factor keeping supply and demand from balancing.
Oil prices fell on Monday as a rally at the end of last week...
US Oil Stocks Falling
US crude inventories are falling more than expected in a sign...

Trending

Googleplus