Persian Gulf Star Oil Company’s Gas Condensate Storage Capacity Increases by 2 Million Barrels

“With the construction of these tanks, the feed storage capacity of the world's largest gas condensate refinery has increased by 2 million barrels,” said Vahid Qaneyeefar.

“These tanks are the largest storage tanks in the Middle East, which will double the company's strategic feed reserves,” he added.

Noting that this project was implemented with 3.8 million man-hours of manpower, 520,000 meters of welding operations with more than 1,120 tons of rebar, Qaneyeefar said, “With the operation of this project, the feed storage capacity of the world's largest gas condensate refinery has been increased by 2 million barrels.”

In relevant remarks in 2024, the former CEO of the South Pars Gas Complex had also announced that the giant gas field has produced more that two million tons of butane and three million tons of propane in the past ten months.

In the first 10 months of this year, the complex produced over 2 million tons of butane, 3 million tons of propane, 1.5 million tons of ethane, 500,000 tons of granulated sulfur, and more than 201 million barrels of gas condensates, Hosseini said.

He added that 165 billion cubic meters (bcm) of gas were injected into the national grid during the first 10 months of this year (March 20, 2024-January 19, 2025), marking a 2% increase compared to the same period last year.

Hosseini stated that employees across the South Pars refineries have mobilized all available resources to ensure maximum and stable gas production during the winter season.

He noted that the complex produces nearly 600 million cubic meters of gas daily.

Hosseini highlighted that the SPGC accounted for 73% of the country’s total gas production, with its 13 refineries playing a pivotal role.

He emphasized the significant impact of the complex’s output on ensuring public comfort, energy security, and economic prosperity.

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