Bid Boland refinery processes 16mcm of gas per day: CEO

Ali-Mohammad Pour-Reza made the remarks visiting the 25th Iran International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show) on Sunday, Shana reported.

Last Thursday, President Hassan Rouhani officially inaugurated Persian Gulf Bid Boland Gas Refinery through videoconference.

Bid Boland Refinery has been put into operation with the aim of increasing the production of sweet gas, reducing the consumption of petroleum products, production of propane, butane, and gas condensate, the export of by-products, the supply of natural gas to urban areas, and supplying ethane required by petrochemical units in the region.

The refinery, which took 36 months to complete, has a daily processing capacity of more than 56 million cubic meters of associated gas and when operating at full capacity it will generate $700 million of revenue every year.

As the largest gas refinery project in the Middle East, Bid Boland will have an annual production capacity of 10.4 million tons of methane, 1.5 million tons of ethane, one million tons of propane, 600,000 tons of gas condensate, and 500,000 tons of butane.