Iran's Khatam Al-Anbiya may take over operation of Phase 4 of Persian Gulf Star Refinery
TEHRAN, Iran, Jan.20
The completion of the Phase 4 of the Persian Gulf Star Refinery is the priority and Khatam al-Anbiya Construction Headquarters has expressed readiness to invest on the process, said Commander of Khatam Al -Anbiya Headquarters (subordinate to IRGC), Saeed Mohammad said, Trend reports via Fars News Agency.
"The country tries to hasten to plan for the surplus condensate production otherwise there will be problem in gas extraction, Mohammad said.
"If Khatam Al-Anbiya accepts to provide financial resources, it can become manager of the Phase 4 project," Mohammad said.
He noted that because of ready infrastructure at the Persian Gulf Star refinery, the price of launching Phase 4 with production capacity of 120,000 barrels would cost €400 million.
"One of our suggestions for the Persian Gulf Star refinery is to set up a petrochemical refinery at Phase 4," he added.
Mohammad said that there are still small issues related to work of South Pars phases that need to be addressed, while phases 13, 15, 16, 22, 23 and 24 are extracting gas.