TEHRAN Nov 18 (Shana)--Iran can generate 3,000 megawatts of electricity from associated petroleum gases, a deputy head of National Iranian Oil Company said. Ali Kardor, who is NIOC deputy chief for investment, said flare gases should be gathered and sold for the generation of electricity. He said that NIOC plans to convert flare gases to natural ...

TEHRAN Sept 24 (Shana)--The National Development Fund of Iran (NDFI) is to be tapped for the development and completion of Kharg NGL project, managing-director of Iranian Offshore Oil Company said. Saeed Hafezi said $600 million is to be allocated to the project which is now 47% complete. He said the project needs a total of $1.2 billion, adding ...

TEHRAN Sept 17 (Shana)--Operation of the second phase of Shourijeh storage facility will allow the supply of 5,000 b/d of natural gas liquids, a project manager said. Currently, 10 mcm/d of gas is fed into Shourijeh storage facility and it is possible to withdraw 2,500 b/d of NGL, Mohammad-Ali Ajdari said. For this facility, a dehydration and processing ...

TEHRAN Sep. (Shana)--Iran is to dip into the National Development Fund of Iran (NDFI) for financing an NGL project in the Kharg island, the head of Iranian Offshore Oil Company (IOOC) said. Saeed Hafezi said NDFI is to be tapped for 600 million dollars to serve the project which is forecasted to cost 1.2 billion dollars. He said that the NGL plant,...

TEHRAN August 30 (Shana)--An NGL plant in Siri Island has produced more than 22 million dollars in revenues in the past year from exporting naphtha, propane and butane, a plant official said. Reza Haqiqi said the NGL plant produces 140,000 cubic feet of gas and 15,000 barrels of naphtha and gas products a day. He added that the plant is working at ...

[caption id="attachment_24796" align="alignright" width="249"] File photo shows installations of an Iranian NGL plant.[/caption] TEHRAN August 13 (Shana)--The head of Irans Central Oil Fields Company (ICOFC) has underlined the need for accelerated construction of a natural gas liquid (NGL) plant in southwestern Iran. Salbali Karimi made the remark ...