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Third jacket loaded at Iran’s South Pars gas field phase 14

Oil&Gas Materials 29 September 2012 22:29 (UTC +04:00)
The third platform jacket of the phase 14 of the South Pars gas field, which is shared by Iran and Qatar, was successfully loaded, the Mehr news agency reported.
Third jacket loaded at Iran’s South Pars gas field phase 14

Azerbaijan, Baku, Sep.28/ Trend F.Milad/

The third platform jacket of the phase 14 of the South Pars gas field, which is shared by Iran and Qatar, was successfully loaded, the Mehr news agency reported.

Western companies had refused to work in South Pars gas field due to the international sanctions.

The phase 14 has the capacity to produce 2 billion cubic feet of gas.

Iran has attached priority to boosting gas production capacity at its joint oilfields.

Iranian oil Minister Rostam Qasemi has ordered all contractors of South Pars gas field development projects to work round the clock in three shifts to complete the development of all phases, especially phases 12, 15, 16, 17, and 18.

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 total world reserves, and more than 18 billion barrels of liquefied natural gas.

Iran ranks fourth worldwide with 155 billion barrels of recoverable oil reserves, after Venezuela, Saudi Arabia, and Canada.

With 34 trillion cubic meters of natural gas reserves, Iran has the world's second-largest natural gas reserves after Russia.

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