Azerbaijan, Baku, Oct.9/ Trend F.Milad/
Iran's gas extraction capacity from South pars gas field will surpass 300 million cubic meters by the end of current Iranian calendar year (march 19, 2013), the managing director of Iran's Pars Oil and Gas Company Mousa Souri said, Mehr reported.
Souri noted that Iran currently extracts 290 million cubic meters of natural gas from the field.
He previously rejected some news claiming that Qatar is extracting natural gas twice of Iran from the South Pars gas field, saying that Iran will outpace Qatar in exploiting reserves of the South Pars.
Souri told the Mehr News Agency that some people even claim Qatar's share of exploiting the South Pars is 100 times of Iran's share. But, the claim is absolutely unjustified.
On June 18, an official with Iran's Khatam-ol Anbiya Construction Headquarters said that Qatar is exploiting Iranian gas.
Sardar Akbari, the managing director of Shahid Rajaii Institution, a subsidiary of the Khatam-ol Anbiya Construction Headquarters, said that headquarters has made drastic measures to develop the South Pars gas field's phases 15 and 16.
British Petroleum has published a report, in which it has estimated Iran's and Qatar's gas reserves at 33.1 trillion cubic meters and 25 trillion cubic meters, respectively.
Iran extracts just around 35,000 barrels of crude oil from the South Pars gas field, which is associated with Qatar, while the Qatari side exploits as much as 450,000 barrels per day, the Fars News Agency reported.
The South Pars oil layer is estimated to hold some 1.6 billion barrels of crude. The South Pars gas field is shared by Iran and Qatar.
The Iranian share, which is divided into 29 phases, has about 14 trillion cubic meters of gas, or about eight percent of the total world reserves, and more than 18 billion barrels of liquefied natural gas resources.