Iran said to boost condensate stockpiles after refinery delay
A view of infrastructures at Iran’s South Pars gas field. Iran is producing about 500,000 bpd of South Pars condensate. Iran’s delay in starting the Gulf Star refinery means it’s being forced to boost stockpiles of condensate, a light oil found in natural gas deposits, said four people with knowledge of the situation. The 360,000 barrel-a-day refinery won’t start this year as planned, leaving excess condensate supply from the South Pars gas deposit, said the people, asking not to be identified because the information is private. State-run ...
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