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Iran inaugurates 'world's largest ethane plant'
AFP
TEHRAN
Petroleumworld.com 06 29 06
Iran inaugurated the largest ethane plant in the world in the Gulf port town of Assalouyeh on Wednesday, state television reported.
It said the Pars Petrochemical complex ethane unit in the southern Pars Special Economic Energy Zone was built by domestic companies with an investment of 2.29 trillion rials (249 million dollars).
Ethane is a flammable hydrocarbon gas present in petroleum and natural gas.
The new unit will produce 1.6 million tons of ethane, 980,000 tons of propane, 570,000 tons of butane and 68,000 tons of neptune mix annually.
Products from the new unit will be processed into liquefied petroleum gas, earning the country more than two million dollars a day.
Some three million cubic meters (105 million cubic feet) of gas will be supplied daily from phases one to three of the giant offshore South Pars gas field as feedstock for the plant.
The television report said the unit inaugurated by Oil Minister Kazem Vaziri Hamaneh is the world's largest ethane plant.
AFP 28 1026 GMT 06 06
Copyright ©2006 AFP. All Rights Reserved.
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