Gholamreza Amirshaghaghi said on Wednesday that the company comprised NGL and methanol units and supplied items like methanol, propane, butane, naphtha, and sulfur, Shana reported.

On the project of collecting, he said the associated gases produced during oil production operations on the island were used as feedstock in the facility, adding all the items produced in Khark Petrochemical Facility were exported through a jetty on the island.

The plant supplies 1.15 million tons of products annually.

Amirshaghaghi further said that the island lacked any form of gas pipelines, and the company provided gas to the island’s residents in the form of liquefied natural gas (LNG) or gas capsules in order to fulfill its corporate social responsibilities.

Methanol II project of the facility has so far gained 30% progress, he said, adding a project to collect associated gases on the island was to come on stream by the end of next week.

Earlier, IOOC, a subsidiary of the state-owned National Iranian Oil Company, was due as charge of developing several major crude oil reservoirs in the Persian Gulf region, including Abouzar, Hendijan, Bahregansar, Reshadat, Soroush, Norouz and Doroud fields as well as collecting associated petroleum gases in Kharg Island and Bahregan oil region.