BAKU, Azerbaijan, October 8. Collection of flare gas at Iran's South Pars Gas Company's 4th refinery and its sale generated $22 million in revenue during the first half of the current Iranian year (from March 21 through September 22, 2025), Mehdi Mousavi, production manager of the refinery, told local media, Trend reports.
Per his projections, the anticipated revenue trajectory is
poised to escalate to $52 million by the fiscal year-end (March 20,
2026).
Mousavi indicated that an estimated 39,500 tons of flare gas were
successfully mitigated from combustion at the 4th refinery during
the specified reporting interval.
The plant official added that the plant's LPG pumps were redesigned using local potential, and compared to the same period last year (from March 20 through September 21, 2024), propane burning decreased by 76 percent and butane burning by 94 percent.
To note, the 7th Refinery handles gas from the 17th and 18th phases of the South Pars gas field. The plant produces daily 50 million cubic meters of natural gas, 80,000 barrels of gas condensate, 3,200 tons of liquefied gas, 2,600 tons of ethane, and 400 tons of sulfur.
In the interim, the South Pars entity processes the high-value
hydrocarbons extracted from the South Pars gas reservoir. The
enterprise's fourth processing facility optimizes hydrocarbon
extraction from the sixth, seventh, and eighth operational phases
of the South Pars gas reservoir.
During the initial semester of the current fiscal year, the fourth
refining facility generated an output of 9.62 billion cubic meters
of natural gas.
The South Pars gas field (North Dome in Qatar) is a joint Iran-Qatar gas field. It is reported that this field has 51 trillion cubic meters of gas reserves, of which 36 trillion cubic meters can be produced. Iran's share in this field is 14 trillion cubic meters of gas and 18 billion barrels of gas condensate.
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