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Iran's Persian Gulf Bid-Boland Gas Refining Company exporting its goods first time

Oil&Gas Materials 18 November 2020 12:25 (UTC +04:00)
Iran's Persian Gulf Bid-Boland Gas Refining Company exporting its goods first time

BAKU, Azerbaijan, Nov. 18

By Elnur Baghishov – Trend:

The Persian Gulf Bid Boland Gas Refining Company in the Khuzestan Province (southwestern Iran) exported its goods for the first time, Trend reports citing Iran’s Persian Gulf Petrochemical Industries Company’s website.

According to the report, the volume of the company's exports amounted to 30,000 tons.

No information was provided on the type of exported goods.

The Persian Gulf Bid-Boland Gas Refining Company will earn $700 million annually when it starts to operate in full, the report said.

According to the report, the Persian Gulf Bid-Boland Gas Refining Company was created with an investment of $3.4 billion. The company is currently operating, however, the official opening ceremony of the company will be held in the near future.

The company can produce 10.3 million tons of methane, 1.5 million tons of propane, 490,000 tons of butane, 922,000 tons of acid gas and 400,000 tons of gas condensate per year.

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