19 Mar 2024
Friday 2 January 2015 - 16:19
Story Code : 142141

Iran petchem output to top 42mn tons by year end: Official

Iran petchem output to top 42mn tons by year end: Official
Iran plans to increase its petrochemical production to more than 42 million tonnes by the end of the current Iranian calendar year next March, a top petrochemicalofficial says.
The countrys petrochemical industry is currently runningat 73 percent of its nominal capacity due to a number of problems, including a shortage of feedstock, saidAli Mohammad Bosaqzadeh,director for production control atthe NationalPetrochemical Company (NPC).

Petrochemical output has risenat Mahshahr petrochemical plants, including Karoun, Arvand and Rajal, in south of the country, he said,and added that productionwill further increasein the coming months following overhauls atthe plants.

According to the official, production at Laleh, Razi, Arvand, Karoun and Rajal plants in Mahshahr zone has reached more than 90 percent of their nominal capacities so far.

Bosaqzadeh also said that liquid feedstock supplies topetrochemical units in Mahshahr region have increased in the current Iranian year.

Petrochemical plants in Assaluyeh have also been suppliedwith enough gas feedstock, he said, adding that production at giant South Parsgas field to the south of Iranhas increased to 75 million cubic meters (mcm) per day.

South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which liein Irans territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatars territorial waters.

The gas field is estimated to hold a significant amount of natural gas, accounting for about eight percent of the worlds reserves, and approximately 18 billion barrels of condensate.

By Press TV

 
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