Mohammad Reza Safari Rad noted that the recent efforts of Iranian experts have led to the isolation of a new strategic gas product called pentane; “in the disturbed market of natural gas and LNG where major gas exporters like Qatar and Saudi Arabia have adhered to cheap wholesale and dumping, Iran managed to produce a scarce and strategic form of natural gas condensate,” he asserted.
Iran remains as the first country in the Middle East and the Persian Gulf to have achieved the technology to separate the new gaseous product,” stressed the official adding “pentane has numerous applications in chemical and petrochemical industries while it costs several times more than crude oil.”
Deputy director of Siri NGL Refinery went on to maintain that monopoly of pentane production by Iran’s oil industry marks another important advantage of the new gas condensate; “so far, major gas producers and exporters in the Middle East like Qatar, Turkmenistan, Azerbaijan and Algeria have failed to produce pentane.”
“Currently, Siri Refinery is capable of producing 300 barrels of pentane per day and so far 50 thousand barrels of pentane have been manufactured,” he continued.
Safari Rad emphasized that the first batch of Iranian pentane will soon be deployed to the market commenting “over the past century, ethane, methane, LPG and sulfur have been among Iran’s gas products while the country has managed to isolate the new rare product of pentane as well.”
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