Oil   Gas   Refining  

Iran’s biggest APG processing plant to go on stream soon

Iranian Oil Minister Bijan Namdar Zanganeh said the country’s biggest plant for collecting and processing of Associated Petroleum Gas (APG) is going to be launched early next calendar year which begins on March 20.

Talking to the state TV on Tuesday evening, Zanganeh said nearly $3 billion has been invested in the mentioned complex, namely Bidboland Persian Gulf Gas Refinery, Shana reported.

According to the official, the plant would operate with a gas processing capacity of 56 million cubic meters per day and would produce 3.4 million tons of petrochemical feedstock.

He also noted that two deals had been struck with the Persian Gulf Petrochemical Industries Company and Maroon Petrochemical Company for gathering APG in Wast Karoun fields.

“Once these projects came on stream, the value of their output would exceed $2 billion,” Zanganeh said.

The minister further noted that the NGL 3200 plant for gathering APG is also being constructed in the West Karoun region which would hopefully come online by 2021. The project has so far witnessed 40 percent physical progress.

Associated petroleum gas (APG), or associated gas, is a form of natural gas which is found with deposits of petroleum, either dissolved in the oil or as a free "gas cap" above the oil in the reservoir.

The gas can be utilized in a number of ways after processing: sold and included in the natural gas distribution networks, used for on-site electricity generation with engines or turbines, re-injected for secondary recovery and used in enhanced oil recovery, converted from gas to liquids producing synthetic fuels, or used as feedstock for the petrochemical industry.


Leave a Comment:


Iran’s Gas Production to Hit All-Time High in Weeks

Iran is going to set a new high record in the production of natural gas within the next few weeks, Oil Minister Bijan Namdar Zanganeh announced.

IMIDRO, NIORDC ink MOU for joint production of needle, sponge coke

The National Iranian Oil Refining and Distribution Company (NIORDC) signed a memorandum of understanding (MOU) with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for joint production of sponge and needle coke in two of the country’s refineries.

OPEC should take action to calm the stressed market: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that OPEC nations should try to balance the oil market which has tumbled as the worries over the impacts of the coronavirus continue to grow.

Iranian Pet-Chem Plant Posts Record High Output

Shahid Tondgooyan Petrochemical Company (STPC) in South of Iran announced that its output peaked to record levels in the past 8.5 months (March, 21- December 6), highlighting that the plant is going to increase its production with adding new units and technologies.

US Unable to Hinder Iran’s Methanol Exports

Iran exports 8 million tonnes of methanol in a year, which the US has been unable to affect, despite all claims of American officials.

NIOC announces expected discovery of a new oil field

The director of the National Iranian Oil Company (NIOC)'s Discovery Department said a new giant oil field is expected to be discovered in southwestern Iran and the discovery operations will be finalized by the end of the current Iranian calendar year (March 2020).
Upcoming Events
 Mines & Metals

Mine & Business Today

 Scrap & Recycling


Our partners