Azerbaijan, Baku, August 21 /Trend/
Iran to launch one of the biggest NGL factories in Persian Gulf regions with capacity to gathering 140 million cubic foot natural gas flares per day from oil burners, Pananews reported.
Iran invested $500 million on NGL factory to gather 140 million cubic foot associated gas flares in oil per day in oil rich region of Siri.
It's expected the new NGL factory annual revenues reaches $150 million and produces 6.7000 barrels of propane, 3,600 barrels of butane, 1,375 gas condensates and 80 million cubic foot sweet gas to feed Kish and Qeshm plants.
Gas flares of offshore oil burners in Nasr and Ilam oil fields provide fuel for NGL factory.