...

Iranian Oil Minister: Completing South Pars Phases among priorities

Business Materials 24 August 2013 17:10 (UTC +04:00)
Iranian Oil Minister Bijan Namdar Zanganeh has announced that the Ministry has a special focus on completing and inaugurating the South Pars' gas field phases 12, 15, 16, 17, 18, Iranian state TV IRINN reported.
Iranian Oil Minister: Completing South Pars Phases among priorities

Azerbaijan, Baku, Aug. 22 / Trend, N. Umid, S. Isayev

Iranian Oil Minister Bijan Namdar Zanganeh has announced that the Ministry has a special focus on completing and inaugurating the South Pars' gas field phases 12, 15, 16, 17, 18, Iranian state TV IRINN reported.

Zanganeh made the remarks during his visit to South Pars' phase 12 - the biggest phase of the gas field.

He also went on to note that, all capacities and facilities should be used for inauguration the phases as soon as possible.

According to the report, Zanganeh also will visit phases 15, 16, 17 and 18.

South Pars is a joint gas field of Iran and Qatar. The field on the Iranian side holds 14 trillion cubic meters of gas and has been divided into 29 phases, Phases 1 to 8 have been developed completely, Phases 9 and 10 has been operated, but not to full capacity and Phases 11 to 29 are under construction.

During the past three years from their inauguration, Phases 9 and 10, these phases have not been developed completely and their output in total is 42mcm/d, instead of the anticipated 50mcm/d.

Development process of the phases 27 and 28 have not been started, while based on official announcement of the Pars Oil and Gas Company in April, some of the South Pars phases have been partially completed (phase 13 by 61 percent, 14 by 47 percent, 19 by 61 percent, phases 20-21 by 46 percent, and phases 22-24 by 60 percent).

Tags:
Latest

Latest