September 23, 2019 18:19

Natural Gas Playing Ever Increasing Role in Iran Petrochemical Industries

Feedstock for the petrochemical industry globally has gradually shifted from liquids to gas and share of the latter (ethane and LPG) for petrochemical units will increase from 34.7% in 2018 to 42.6% by 2040

Petrochemical plants in Iran annually use 33 million tons of feedstock from oil and gas refineries and NGL units, and with rise in the number of factories, feedstock will rise to 62 million tons by 2021 to reach 74 million tons by 2025, managing director of the National Petrochemical Company said Sunday.
“The share of gas feedstock in plants is 77% while liquid feedstock accounts for 23%. This share will be 86% and 14% respectively by 2025,” Behzad Mohammadi was quoted as saying by the Oil Ministry news agency Shana.
Feedstock for the petrochemical industry globally has gradually shifted from liquid to gas and the share of gas feedstock (ethane and LPG) for petrochemical units will increase from 34.7% in 2018 to 42.6% by 2040.

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Iran Petrochemical Industry