In 1992 in order to prevent the flaring of surplus gases, to produce a product with considerable added value, to have a movement  toward self sufficiency, to ease technology transfer, to increase incomes, to reduce environmental pollution and to provide occupation opportunities in the region, construction of Kharg methanol plant was started. This plant with production technology from Lurgi (Germany) with the investment of $ 149.5 million and 465.5 billion Rials, established in an area of 24 Hectar and was commissioned in 1998.