Iran is pressing ahead with the Siraf condensate splitters project at Assaluyeh, but without the foreign investment originally envisaged. Besides maximizing condensate revenues, Siraf could help boost stalled petchems projects.
Iran’s Minister of Petroleum Bijan Zanganeh has announced that construction will begin in June on a $3bn project to develop eight condensate splitters with a combined capacity of 480,000 b/d at the Siraf Refining Park in Assaluyeh, an onshore processing hub for output from the giant offshore South Pars gas field. (CONTINUED - 1087 WORDS)
