Iran to launch gas-to-wire project in Persian Gulf
Azerbaijan, Baku, Sep.23/ Trend F.Milad/
Iran will launch a project with the goal of generating electricity from natural gas produced in Forouz B gas field, located in the Persian Gulf, Iran Offshore Oil Company's managing director said.
Mahmoud Zirakchainzadeh added that the project is aimed to produce 12,000 megawatts of electricity, the Shana news agency reported.
On February 21, Iran Offshore Oil Company (IOOC) struck a $3.8 billion deal with Iran's Power Projects Management Company (MAPNA) for the development of the Persian Gulf's Forouz B gas field and an associated gas-fired power project.
MAPNA Managing Director Abbas Aliabadi was quoted by the Shana news agency as saying that the field holds around 28 trillion cubic feet of in-situ natural gas and 180 million barrels of gas condensates.
Aliabadi said the development plan, which is set for completion within five and a half years, aims to produce one billion cubic feet of gas, 10,000 barrels of condensates, and 3,000 megawatts/per day of power in the first phase.