Tehran, Iran, May 11
By Milad Fashtami - Trend:
All the 27 phases of Iran's giant South Pars gas field will come on stream by the end of the Iranian calendar year of 1396 (March 20, 2017).
Iranian Oil Minister Bijan Namdar Zangeh said that once the phases come on stream, the country's total gas output will reach 700 million cubic meters per day, IRNA News Agency reported on May 11.
"The oil ministry's priority to launch five phases of South Pars until winter," he said.
"Some 100 million cubic meters would be added to Iran's total gas output by next winter," Zangeneh added.
Iran plans to increase its gas exports in near future.
Zanganeh said on May 3 that the country plans to export gas to Europe via pipeline or in the form of LNG (liquid gas).
"Europeans prefer to diversify their gas and energy sources," Zanganeh said, Iran's IRNA News Agency reported.
Zanganeh went on to note that Iran is a country capable of exporting large volumes of gas and is always willing to provide gas to Europe.
Zanganeh said on April 19 that Iran plans to export 80 billion cubic meters (bcm) of gas to Asia and Europe in calendar year 1400 (March 2021-March 2022).
"We are planning to export 80 billion cubic meters of gas to Turkey, Europe, Iraq, Pakistan, and the Persian Gulf Arab states in calendar year 1400," he said, Iran's IRNA news agency reported.