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Saturday, May 18, 2024 18:27 GMT
Iranian President Hassan Rohani has launched three major oil, gas and petrochemical projects via videoconference. A virtual ceremony was held on Monday, 24 August 2020, to launch Phase 1 of Bushehr Petrochemical Plant, Iran Gas Trunklines 6 and 9 ( IGAT 6 and IGAT 9 ), and the West Karoun power plant.The major gas transmission projects will boost gas transfer capacity of the National Iranian Gas Company (NIGC) by 110 Mcm/d. The trunklines, together 1,850 km long, include 5 gas pressure boosting stations from Assaluyeh, southern Iran, to Miandoab, northwest of the country. This pipelines will enable more stable gas exports to the western and northwestern neighbors of the country as the main customers of Iranian gas.4 mt Increase in Iran Petchem OutputAlso, Bushehr Petrochemical Plant’s gas sweetening, ethane and methanol units with an annual production capacity of 4 million tons were inaugurated via a video conference by order of the President.The plant is being developed in 3 phases in 70 hectares of land with the aim of producing 6 million tons per year of methanol, ethylene, ethylene glycols, heavy polyethylene, acetic acid and vinyl acetate. Construction operations on the project began in 2011.The first phase of the project generates €370 million annually for the country. It also provides jobs for 1,500 people. It operates as the only plant to be fed by sour gas from upstream operations with an annual production capacity of 1,323 tons of methane, 850,000 tons of ethane, 130,000 tons of propane, 30,000 tons of butane, 3,000 tons of pentane plus (C5 +), 125,000 tons of sulfur and 1,650 tons of methanol.The project has cost a total of €1.322 billion. Shastan Holding and Maroon Petrochemical Company are the main shareholders of this project and the required budget for construction of the project has been provided through foreign financing and by the shareholders.Electricity Generation in West KarounThe third project that was inaugurated is a power plant and ancillary facilities in the West Karoun.Objectives of the construction plan of the West Karoun power plant with 492 MW of capacity, are construction of 400KV and 230 KV substations to supply electricity to the West Karoun oil fields, construction of 150 km of 230KV and 400KV transmission lines, construction of 20 km of water transmission pipeline, construction of a treatment plant suitable for supplying water to the power plant, and construction of a gas pressure reduction station to supply gas to the power plant.The contract for construction of this power plant is a B.O.O type and the type of contract for the construction of ancillary facilities is EPC-PC-C and the project has been carried out by Iranian contractors. - Shana