TEHRAN, Iran, July 26. Iran has reached a 45-percent progress in construction of the Persian Gulf Mehr Petrochemical plant, said the project manager Behzad Sajoudi, Trend reports citing IRNA.
The construction of the petrochemical plant is accelerating and is expected to be completed by February 2024, he said, adding that €80 million has been spent on the project.
The plant is being constructed using domestic equipment, by Iranian engineers, he said.
According to the official, the petrochemical plant needs 120,000 barrels of condensate gas feed and is targeted to produce 78,000 liters of naphtha per day (first phase).
The petrochemical plant will increase production in the second phase to 14 million liters of gasoline per day and five million liters of diesel fuel.
The petrochemical plant is located near the Persian Gulf Star Oil Company and has access to the Shahid Rajaee port in southern Hormozgan Province of Iran.