Maroun NGL Will Help Raise Petrochem Output

Maroun NGL Will Help Raise Petrochem OutputMaroun NGL Will Help Raise Petrochem Output

Amir Kabir Petrochemical Company is planning to boost its output by embarking on constructing a major natural gas plant to receive more fuel as feedstock, a company official said.
"As soon as Maroun natural gas liquids (NGL-2300) project comes on stream, AKPC's olefin production will rise from 530,000 tons to 750,000 tons per annum," Houshang Karimi was also quoted as saying by NIPNA, the National Petrochemical Company's news agency. 
According to the official, the NGL venture is among an increasing number of initiatives to collect and utilize natural gas burnt off in southern oil and gas fields. 
The plan to construct the Maroun NGL Plant, which will be completed in four years, requires an investment of €9 million. 


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.

Add new comment