Iran completes pipe-laying operations in SP gas field phase 12

Oil&Gas Materials 13 April 2011 14:52 (UTC +04:00)

Azerbaijan , Baku, April 13 / Trend, A.Yusifzade /

Laying the 149 kilometers (km) length "Pipeline A" and 140 km length "pipeline B" has been completed and the "Pipeline C" with a length of 150 km had progressed by 91 percent in phase 12 of the South Pars gas field (SP), Rasoul Falahnejad who is in charge of phase 12 development told Shana today.

According to Falahnejad, phase 12 has generally progressed by 45 percent, and onshore construction is underway in Tombac region by three Iranian contactors in the form of engineering, procurement and construction contracts.

Over $2 million for one kilometer of pipe laying operations has been allotted to Phase 12, Falahnejad said.

The offshore section of phase 12 including the construction and installation of the platforms, drilling, and laying the pipelines and decks have achieved a 75 percent progress, Falahnejad noted.

Phase 12 onshore operations and constructions show a progress of over 29 percent, Falahnejad added.

Earlier last month Falahnejad said that the gas flow from the offshore SP gas field phase 12 will reach onshore installations up to the end of this Iranian calendar year 1390 (ending March 20, 2012).

The SP Phase 12 development Project is now being carried out by an Iranian consortium consisting of PetroPars Co. and the Iranian Offshore Engineering and Construction Company (IOEC).

Phase 12 production capacity equivalents to three ordinary phases of the South Pars gas field.

The SP gas field's phase 12 aims to produce 75 million cubic meters of natural gas, 120,000 barrels of gas condensate and 750 tons of sulfur per day. The phase is located in the second site of the Pars Special Economic Energy Zone (PSEEZ).

South Pars gas field which is located in the Persian Gulf is the world's largest gas field shared by Iran and Qatar.

According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters (1,800 trillion cubic feet) of in-situ gas and some 50 billion barrels of condensates. Iran holds the world's second-largest reserves of natural gas and the third-largest reserves of oil.