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Iran's South Pars Gas Company expands production

Oil&Gas Materials 31 August 2020 14:31 (UTC +04:00)
Iran's South Pars Gas Company expands production

BAKU, Azerbaijan, August 31

By Elnur Baghishov – Trend:

The sweetened gas production at the South Pars Gas Company (SPGC) increased by 155 percent in the last Iranian year (from March 21, 2019, to March 20, 2020) compared to 7 years ago (the current government in Iran came to power in August 2013), CEO of South Pars Gas Company, Hadi Hashemzadeh Farhang, told Shana news agency, Trend reports.

The CEO emphasized that the sweetened gas production will also increase in the current Iranian year (from March 20, 2020, to March 21, 2021).

He added that the sweetened gas production depends on the volume of gas extracted from the South Pars gas field.

Hashemzadeh Farhang noted that there is an increase of 143 percent in ethane production in the last Iranian year compared to seven years ago.

The CEO said that the company could have produced 2.7 million tons of ethane annually, seven years ago.

"The company's ethane production reached 4.7 million tons three years ago (from March 21, 2017, to March 21, 2018), and at the time the ethane production potential was 6 million tons," he said.

According to Hashemzadeh Farhang, propane production increased by 337 percent, gas condensate production by 87 percent, and butane production by 210 percent in the last Iranian year compared to 7 seven years ago.

Iran's South Pars Gas Company could have produced 260 million cubic meters of gas, 438,000 tons of gas condensate, 3 million tons of ethane, 3.7 million tons of liquefied gas, and 1,400 tons of sulfur per day.

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