Ethane Output Up 60% in Four Years

Ethane Output Up 60% in Four YearsEthane Output Up 60% in Four Years

Oil Minister Bijan Namdar Zanganeh said Iran’s annual ethane production has increased by 60% over the course of four years to March 2018, amounting to 6 million tons, and is slated to observe a big leap by 2021.
"The country's ethane production capacity stood at 3.8 million tons per year in 2014, while the figure increased to 6.11 million tons by the end of the last fiscal [March 2018]," Zanganeh was also quoted as saying by Shana on Tuesday.
He noted that it will reach 8 million tons per annum by the end of the current fiscal (March 20, 2019).
Zanganeh noted that “domestic demand for ethane amounts to 5.5 million tons currently, therefore we will export the surplus production."


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