SPGC value-added up $4.5b

January 15th, 2016

Awake Goy

TEHRAN, Jan. 13 (Shana) – The value-added generated by the South Pars Gas Complex (SPGC) since mid-March 21, 2015, has grown $4.5 billion compared to the figure for the same period of last year, [which was $60 billion].

In the year to March 20, 2016, the complex’s processed gas, sulfur, propane, butane and ethane output rose 18.3 percent, 15 percent, 40 percent, 24 percent and 8 percent, respectively, said SPGC’s Managing Director Masoud Hassani.

He added the number of the refineries of the complex will reach 14 in the near future.

The value-added created by the complex gains more importance as a significant achievement, when compared to the 6-billion-dollar investment made to complete development of phases 15 and 16 of the South Pars Gas Field, in Bushehr province, SPGC chief stressed.

By SHANA

Source Article from http://theiranproject.com/blog/2016/01/15/spgc-value-added-up-4-5b/

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