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Iran’s South Pars phase 12 hits gas production record high

Business Materials 23 February 2015 14:49 (UTC +04:00)

Baku, Azerbaijan, Feb. 23

By Fatih Karimov - Trend: Iran's South Pars phase 12 output hit a record high on Feb. 23, producing 73 million cubic meters of gas.

Rasoul Fallahnejad, the project manager of phase 12, said the phase 12 output stood at 71mcm on Feb. 22, Iran's Shana news agency reported on Feb. 23.

Gas from platforms A, B, and C, and a portion of gas which is produced in phases 6 to 8 are injected after processing to the national gas network, he added.

Phase 12 of the South Pars gas field is the biggest phase of the field. Its output is threefold of a single phase.

Some 10 million barrels of gas condensates produced in phase 12 have been exported since Iranian calendar month of Tir (started June 22, 2014), he noted.

Jamshid Sourani, the planning manager of phase 12's development plan, said in November 2014 that the phase is projected to produce 120,000 barrels of gas condensate and 750 metric tons of sulfur daily.

South Pars, a non-associated gas field located offshore in the middle of the Persian Gulf, is Iran's largest gas field. South Pars is a portion of a larger gas structure that straddles the territorial water borders of Iran and Qatar. It is called the North field in Qatar.

South Pars reserves account for roughly 40 percent of Iran's total gas reserves, and the field is also estimated to hold 17 million barrels of condensate in place.

Edited by CN

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