The first de-mercaptanization unit of South Pars Phase 2 and 3 Refinery has so far gained 78 percent progress and will come on stream by the end of the current Iranian calendar year to March 2020.
According to the Pars Oil and Gas Company (POGC), Sirous Peykar, the project manager of the unit, said that the project had progressed 97 percent in the engineering section, 92 percent in items procurement section and 60% in its construction section.
Construction of the unit began in 2017 and most of the boilers, towers and thermal convertors have been installed so far.
The plant is being built with 80,000 b/d of gas condensate de-mercaptanization capacity.
This is the first de-mercaptanization unit in POGC.
Kish Island has high potential and capability to play a leading role in various industrial and economic fields especially oil, gas and petrochemical industries.
Iran’s deputy oil minister for engineering, research, and technology affairs said Oil Ministry is taking serious measures for improving standards in the oil industry, Shana reported on Tuesday.
Iran produced 2.086 million barrels per day (bpd) of oil in January, a 9,000-bpd decrease from 2.095 million bpd in December 2019, according to OPEC’s latest monthly report published on Wednesday.
As one of the world’s oil-rich countries, Iran, for long, has been deeply relied on oil revenues for its economy and even all the governments which have come and gone since the Islamic Revolution in 1979, have based their economic policies upon oil while other areas remained deprived of the attention.
Platform 13A and 13C of Iran’s South Pars gas field (in the Persian Gulf) were both loaded at Sadra yard in the southwestern province of Bushehr on Monday to be shipped toward their designated offshore place, Shana reported.
Iran's gross domestic product, excluding the oil sector, is expected to register a positive growth rate of 1.8 percent in the current fiscal year (March 21, 2019-March 19, 2020), Majlis research center said in a report on Iran’s economy.