|Iran’s first GTL plant to come on stream in 2018||
TEHRAN - The first GTL (gas to liquids) plant in Iran will come on stream in the Persian Gulf island of Qeshm in 2018, the IRNA news agency reported on Wednesday.
Gasoline, which meets Euro-5 standards, will be one of the products of the GTL plant.
The project is estimated to cost $180-$200 million.
The plant, with a daily output of 3,000 barrels, is projected to be designed in 12 months and built in 36 months.
GTL is a refinery process to convert natural gas or other gaseous hydrocarbons such as gasoline or diesel fuel.
Iran plans to provide fuel oil and diesel fuel to Afghanistan and Iraq in the near future when more phases of the South Pars gas field come on-stream.
“Operation of new phases of South Pars [gas field] and ensuing natural gas production enhancement by 100 million cubic meters a day in the near future will cause a significant [volume of] liquid fuel…to be available for export to neighboring countries,” said Managing Director of National Iranian Oil Products Distribution Company Mostafa Kashkouli said on Friday.
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