Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].
Iran’s oil minister says the country plans to pump up natural gas production at South Pars gas field by 100 million cubic meters (mcm) per day by the end of the current Iranian calendar year (started March 21, 2014).
“The promise to increase gas production from South Pars by 100 million cubic meters [per day] will be fulfilled by the end of the current [Iranian] year,” Bijan Namdar Zanganeh said Thursday.
He described the South Pars gas field as Iran’s biggest industrial hub, expressing hope the key phases of the massive offshore reservoir will come on stream soon.
Zanganeh said that phases 12, 15, 16, 17 and 18 were among top priorities in the giant gas field, adding that phase 12 will be fully operational in the near future.
In December, a senior Iranian energy official said phase 16 of South Pars has come on line.
Reza Forouzesh, the development manager for phases 15 and 16 of South Pars, said phase 16 of the massive offshore reservoir supplied to the trunk line its first delivery of sweet gas measuring 7.5 million cubic meters (mcm).
He added that the output of phases 15 and 16 will hit 23 mcm per day once three gas desalting installations become operational.
South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatar’s territorial waters.
The gas field is estimated to hold a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.
US President-elect Donald Trump has sent a message to Ukrainian leader Volodymyr Zelensky, asking him…
A member of Iran’s Supreme Council of Cyberspace has voiced his opposition to the government's…
Juan Carlos Garrido, the former head coach of Persepolis, shared an emotional farewell message on…
Ankara has called for the anti-Syria sanctions to be lifted "as soon as possible" as…
The Houthis in Yemen have claimed that they have successfully thwarted a joint American-British attack…
For the first time in Iran's aviation history, a flight carrying an all-female crew and…