Iran developing 10 onshore, 6 offshore phases of South Pars gas field

Baku, Azerbaijan, Nov.24

By Fatih Karimov - Trend: Iran is currently developing 10 onshore and six offshore phases of the South Pars gas field.

Mehdi Yousefi, Managing Director of Pars Special Economic Energy Zone, said the development of the South Pars gas field has been expedited, Iran's IRNA news agency reported Nov. 24.

In this line, five phases of the gas field, namely phases 12, 15, 16, 17, and 18 are prioritized, he noted.

Mohammad Javad Shams, Managing Director of Petropars Company, said Platform A of phase 12 - which is the largest phase of the gas field - is currently producing 1.4 million barrels of condensate and 25 million cubic meters of natural gas per day.

Platform B will come on stream in the coming days and platform C will come on stream in February 2015, increasing the phase's daily output to 65 million cubic meters.

Platforms of phases 15 and 16 will put into operation on December 1 and December 11, respectively.

Ali Akbar Shabanpour, Managing Director of Pars Oil and Gas Company, said the highest priority has been placed on inaugurating phases 13, 19, 22, and 24, which are complete by 70 percent.

Phases 17 and 18 are projected to come on stream by September 2015, he added.

Iran is currently producing 300 million cubic meters of gas from South Pars per day.

The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. It is estimated that the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensate.

By completion of all phases of the South Pars gas field, it will produce 650,000 barrels of gas condensates, 6.7 million tons of liquid petroleum gas (LPG) and four million tons of ethane per day.

You can follow the author on Twitter @dalgakhatinoglu

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