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The CEO of South Pars Gas Complex Company says investments made in South Pars are close to $80 billion. Hadi Hashemzadeh Farhang said all the investments, done amid US sanctions, have been turned into assets for the National Iranian Gas Company and the necessary resources have been provided for the proper maintenance of these facilities.
Reports say a speedboat has hit Platform B in Iran’s South Pars gas field in the Persian Gulf.
The last platform of Phase 14 of Iran’s giant South Pars gas field was held in place by Iranian technicians on Saturday.
Iranian Oil Minister Bijan Zanganeh says the country is going to outstrip Qatar in terms of production of gas from the South Pars joint field.
Iran’s oil minister says the status of phase 11 of the South Pars Gas Field as well as Farzad B Gas field will be settled this year.
Iran’s oil minister says the country’s gas production at the biggest gas field worldwide, South Pars, is now exceeding that of Qatar.
Iranian President Hassan Rouhani on Tuesday inaugurated three new petrochemicals projects during his visit to the southern city of Asalouyeh in Bushehr Province.
Iranian Foreign Minister Mohammad Javad Zarif and Pakistani Prime Minister Shahid Khaqan Abbasi have held talks on the controversial issue of Iran-Pakistan gas pipeline.