SPGC revenues hit $989m

TEHRAN Nov 5 (Shana)–South Pars Gas Complex has earned $989 million from producing more than 1.6 bcm of gas in the first half of the current calendar year which started on March 21, the SPGC managing-director said.

Masoud Hassani said the output was achieved thanks to 40% decline in the duration of basic repairs.

He also said that the company’s propane production in the first half of the year was up 272% year-on-year while butane production showed 59% increase.

SPGC’s production has increased gas injection into Iran Gas Trunkline-5 (IGAT-5) by 78%.

By SHANA

 

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