flare gas Archives - Iran News Daily https://irannewsdaily.com/tag/flare-gas/ Tue, 06 Apr 2021 05:45:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png flare gas Archives - Iran News Daily https://irannewsdaily.com/tag/flare-gas/ 32 32 Local Firms Awarded €165m Deals to Capture Flared Gas https://irannewsdaily.com/2021/04/local-firms-awarded-e165m-deals-to-capture-flared-gas/ https://irannewsdaily.com/2021/04/local-firms-awarded-e165m-deals-to-capture-flared-gas/#respond Tue, 06 Apr 2021 05:45:02 +0000 https://irannewsdaily.com/?p=125552 TEHRAN (Iran News) – Persian Gulf Bidboland Gas Refinery has signed three contracts valued at a total of €165 million with local firms for the manufacture of a plant to capture flared gas and convert it into usable fuel. The Persian Gulf Bidboland Gas Refining Company has signed the deals for the construction of 24 […]

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]]> TEHRAN (Iran News) – Persian Gulf Bidboland Gas Refinery has signed three contracts valued at a total of €165 million with local firms for the manufacture of a plant to capture flared gas and convert it into usable fuel.

The Persian Gulf Bidboland Gas Refining Company has signed the deals for the construction of 24 centrifugal compressors and a gas processing plant at Ragsefid Operational District.

A signing ceremony was held at the Iranian Oil Ministry on Monday to sign the contracts in the presence of Oil Minister Bijan Zanganeh as well as Mahmoud Aminnejad, the CEO of Bidboland Persian Gulf Gas Refining Company, along with the CEOs of the three Iranian firms.

The concluded deals entail construction, installation and commissioning of 24 centrifugal compressors with a value of 75 million Euros with Oil Turbo Compressor Company (OTC), MAPNA Turbine Engineering and Manufacturing Company (TUGA), and a contract for the collection of associated petroleum gas in the Ragsefid operational district worth 90 million Euros with Energy Industries the Engineering and Design (EIED) Company.

OTC is responsible for the construction of 16 centrifugal compressors for Aghajari 5 and Bibi Hakimeh 1 operation units and Pazanan gas pre-compression station. On the other hand, TUGA will build eight centrifugal compressors at a gas collection plant for Bibi Hakimeh 2.

The gas collection plant is aimed at preventing gas flaring, observing environmental considerations, creating value added from collecting the flared gases in the east of Karun River and providing sustainable feedstock to petrochemical companies. To this end, two contracts for “improvement and construction of gas collection facilities” were signed in September 2018 between the National Iranian South Oil Company (NISOC) and the Persian Gulf Bidboland Gas Refining Company and Maroon Petrochemical Company with a total investment of 1.3 billion dollars.

The $1.109 billion contract with Bidboland Persian Gulf Gas Refining Company includes 27 projects for construction of flared gas collection plants, improvement of existing plants and transfer of collected gas to Bidboland Refinery.

With the implementation of these projects, about 600 million cubic feet per day of associated gases will be collected and transferred to the refinery and about 1.5 million tons of C2 + will be added to the refinery’s feed annually, which is a big step in solving the feedstock shortage of this refinery and the nearby petrochemical plants.

 

Also, with the implementation of this project and processing of associated gases, about 400 million cubic feet of light gas will be provided to the National Iranian Oil Company on a daily basis, which will be used for injection into oil fields or to supply fuel to the country.

 

MR/SHANA

News Code 171704

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]]> https://irannewsdaily.com/2021/04/local-firms-awarded-e165m-deals-to-capture-flared-gas/feed/ 0 Iran to harness flare gas in Kharg Island https://irannewsdaily.com/2020/02/iran-to-harness-flare-gas-in-kharg-island/ https://irannewsdaily.com/2020/02/iran-to-harness-flare-gas-in-kharg-island/#respond Sat, 29 Feb 2020 12:36:11 +0000 https://irannewsdaily.com/?p=106775 TEHRAN (Iran News) – Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields. According to the portal of Bushehr province Department of Environment, the project has been launched by the cooperation […]

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]]> TEHRAN (Iran News) – Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields.

According to the portal of Bushehr province Department of Environment, the project has been launched by the cooperation of the Kharg Petrochemical Company (KPC) and Iranian Offshore Oil Company (IOOC).

The project is envisaged to harness and transfer 50 million cubic feet per day of the associate petroleum gas of flare to offshore facilities in Kharg Island.

According to reports, the project will reduce the gas flaring in the major Forouzan Oilfield in the Persian Gulf to zero. Close to 6.5 million cubic meters of gas is burnt off in flares in this field every day that will be soon transferred to Kharg Petrochemical Plant and Kharg NGL Plant.

Flaring is the burning of natural gas that cannot be processed or sold. Flaring of APG is an important safety measure at many oil and gas production sites, as it prevents industrial plant equipment from over-pressuring and exploding.

Highlighting the need and significance of zero flaring projects to ensure zero hydrocarbon discharge into the environment, experts say the flaring of gas contributes to climate change and impacts the environment through the emission of carbon dioxide, black carbon, and other pollutants.

It also wastes valuable energy resources that can be used for sustainable development in producing countries.

According to a World Bank report, thousands of gas flares at oil production sites around the world burn approximately 140 billion cubic meters of natural gas annually, causing more than 300 million tons of carbon dioxide to be emitted into the atmosphere.

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