Iran to launch its first GTL refinery soon
Azerbaijan, Baku, Nov.27 / Trend F.Milad/
The first Iranian GTL (gas to liquids) refinery will be launched soon on one of the Persian Gulf Islands, Oil Minister Rostam Qasemi said.
The refinery will have the daily production capacity of 10,000 barrels, Mehr news agency reported.
GTL is a refinery process which converts natural gas into gasoline or diesel fuel.
Iran, which has the world's largest natural gas reserves after Russia, is the second largest oil producer of the Organization of the Petroleum Exporting Countries (OPEC).