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Iran to boost annual output at phase 12 of South Pars gas field to 1 bln cubic feet

Oil&Gas Materials 3 May 2014 14:45 (UTC +04:00)
Iran will inaugurate the second unit of the phase 12 of the South Pars gas field by the end of the current calendar month (May 21), which will boost the phase’s output to 1 billion cubic feet per year.

Baku, Azerbaijan, May 3

By Fatih Karimov - Trend:

Iran will inaugurate the second unit of the phase 12 of the South Pars gas field by the end of the current calendar month (May 21), which will boost the phase's output to 1 billion cubic feet per year.

The phase 12 is the biggest phase of the South Pars gas field. It is projected to yield 3 billion cubic feet of gas (equaling 75 million cubic meters) per year once it fully comes on stream next year.

On March 3, Iranian Deputy Oil Minister Roknoddin Javadi said that Iran has started pumping sweetened gas from phase 12 of the South Pars gas field to the country's national gas network, Iran's Mehr News Agency reported.

Phase 12 of Iran's South Pars gas field started its trial production in February.

Managing Director of the South Pars Gas Complex, Masoud Hasani, said on February 7, that 202 million cubic meters of gas per day is being pumped from the gas field to Iran's National gas network, Iran's Fars News Agency reported.

South Pars' total production currently stands at over 280 million cubic meters from which 202 million cubic meters is being pumped to the national gas network.

Deputy Director of Iranian Offshore Engineering Construction Company Amir Saeed Najafi said on October 27, 2013, that the income from each standard phase of South Pars gas field will reach $8.5 billion.

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