Iran’s Fajr Jam Gas Refinery Generates $15 mn from Surplus Gas Flare

Iran’s Fajr Jam gas refinery generated an average income of $15 million per year by converting surplus flare gas into LPG, state owned Shana agency reported.  

During the current Iranian calendar year, which started March 21, 2015, the refinery has produced 37,500 tons of LPG, 4 percent more than targeted volume, Hadi Hashemzadeh Farhang, managing director of the refinery said.

He said the refinery is planned to receive 50 mcm/d of natural gas from the supergiant South Pars gas field which Iran share with Qatar in Persian Gulf waters within the next three years, Shana reported.

Fajr Jam gas refinery is currently being fed by deliveries from Nar, Kangan and South Pars gas fields.

The Fajr Jam Company exports 6.7 million barrels of gas condensates every year via Siraf terminal to East Asian countries including South Korea and Japan.

The terminal is equipped with four storage tanks each with a capacity of 40,000 cubic meters and can load 1,200 tons of condensates per hour.