In this paper, we present a modeling framework for a class of multiphase chemical systems based on non-equilibrium thermodynamics. Compartmental modeling is used to establish the dynamic properties of liquid-vapor systems operating far from thermodynamic equilibrium. In addition to the bulk-phase molar/energetic dynamics, interface transport processes yield to algebraic constraints in the model description. The irreversible system is thus written as a system of differential-algebraic equations (DAEs). The non-equilibrium liquid-vapor DAE system is shown to be of index one. A local stability analysis for the model shows that the equilibrium state is unstable for non-isobaric operation regimes, whereas numerical evidence shows that isobaric operation regimes are stable. To extend the stability analysis, internal entropy production for the irreversible flash-drum is presented as a Lyapunov function candidate. (C) 2019 Elsevier Ltd. All rights reserved.