Iran Opens Persian Gulf NGL Plant

Iran has formally inaugurated Iranian Offshore Oil Company’s (IOOC) Siri NGL plant in the Persian Gulf on Thursday, Iranian media has reported.

The plant will produce natural gas liquids (NGL) and when fully operational, would on average collect 100 to 104 million cubic feet per day (mcfpd) of dry gas.

“Oil and gas are national wealth and we should make the optimum use of this blessing in order to develop the country,” Ahmadinejad said in the inauguration ceremony in Siri Island, Press TV reported.  

The NGL plant will also produce 1,500 barrels per day (bpd) of pentane, 4,000 bpd of butane, 1,400 bpd of gas condensate, and 8,000 bpd of propane.