...

Iran’s IRGC subsidiary building 4 platforms for South Pars gas field phase 13

Oil&Gas Materials 1 June 2014 13:38 (UTC +04:00)

Baku, Azerbaijan, June 1

By Fatih Karimov - Trend:

Iran's Sadra Shipbuilding Company, which is a subsidiary of Iran's Revolutionary Guard Corps, is building four platforms for the phase 13 of the South Pars gas field.

The construction operations have progressed by 70 percent so far, Iran's IRIB reported on June 1.

The platforms are scheduled to be commissioned in the next Iranian calendar year, which begins on March 20, 2015.

Once completed, Phase 13 is to produce around 56 million cubic meters of gas, 75,000 barrels of condensates, 2900 tons of LPG, 2750 tons of ethane, and 400 tons of sulfur per day.

The phase 13 development plan will cost $6.1 billion to complete.

Along with other industrial subsidiaries of Iran's Revolutionary Guard Corps, engineering wing the Khatam al-Anbiya group, Sadra was awarded a $5-billion contract in 2010 to develop Phase 13 after Western energy majors withdrew over the sanctions.

Managing Director of the South Pars Gas Complex, Masoud Hasani, said on February 7 that 202 million cubic meters of gas per day is being pumped from the gas field to Iran's National gas network, Iran's Fars News Agency reported.

"South Pars is one of the most important areas in the country's oil and gas sector," Hasani said.

"The field's total production currently stands at over 280 million cubic meters from which 202 million cubic meters is being pumped to the national gas network," he explained.

Iran is currently producing 300 mcm per day of gas from the South Pars.

The South Pars gas field 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, i.e. North Dome, are in Qatar's territorial waters.

Latest

Latest