TEHRAN, July 25 (MNA) -- “From the beginning of current Iranian calendar year (started March 20, 2008) about $25 million (220 billion rial) has been invested in Iran’s West Ethylene Pipeline and the project is 52 percent complete” West ethylene pipeline project manager said here on Thursday.

“Considering the changes in prices it is estimated that the West Ethylene Pipeline project needs about $1.5 billion (1.3 trillion rials) to become operational” Seyyed Mohammad Al-e Yasin explained, IRIB reported.

 

“Counting the extensions the pipeline’s length is about 2200 kilometers and about 1033 kilometers of pipeline has been laid so far,” he added.

 

“If no unpredicted and financial problems occur, the West Ethylene Pipeline is supposed to become operational in Iranian calendar year 1388 (March 21,2009- March 20,2010),” Al-e Yasin stated.

 

The West Ethylene Pipeline which is the world’s longest ethylene pipeline was initially to run for 1,500 km with the capacity of 1.5 million tons to feed five planned petrochemical complexes. As the number of those complexes increased, the pipeline’s length was increased to 2,200 km with the capacity of 2.8 million tons. Construction of the pipeline started in 2003 and it will supply needed feedstock to petrochemical complexes which are to be built in Gachsaran, Khorramabad, Kermanshah, Sanandaj, Mahabad, Hamedan, Myandoab, Dehdasht, Andimeshk, and Chaharmahal-Bakhtiari.

 

The plan aims at boosting production in less developed parts of the country. Needed ethylene for petrochemical complexes in western provinces will be supplied by the olefin plant of Assaluyeh and another part will be produced at Bandar Imam Special Economic Petrochemical Zone in Mahshahr.

 

MF/MRK

END

MNA

News Code 29090

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