SHANA – Iranian Minister of Petroleum Bijan Zangeneh says by the time Siraf Refinery Park becomes operational, Iran will consume all its condensate output domestically and have no condensate left for exports.
“This means no natural gas condensate will be left for export, value chain will be completed in line with the economic resilience,” said Zangeneh.
The project adds 12 million liters of Euro-4 gasoline to Iran’s daily production capacity, rendering the country needless if importing gasoline.
Once fully operational, it will supply 36 million liters of quality petrol which makes Iran an exporter of the strategic item.
The facility is fed by gas condensate (ultralight crude oil) recovered from the supergiant South Pars Gas Field.