Iran’s South Pars Phase 19 makes 85% progress

Oil&Gas Materials 18 March 2015 12:34 (UTC +04:00)

Baku, Azerbaijan, Mar. 18

By Khalid Kazimov - Trend:

Director of the South Pars Phase 19 Hamid Reza Masoudi said that the project to develop the phase has made 85 percent progress.

Building the refinery has had 83 percent, the rig 72 percent, and the pipeline 91 percent progress, he said.

It is expected that by the end of the Iranian fiscal year 1394 (March 20, 2016), 2 refinery terrians of the phase will be operational with gas from the sea, and two other terrians with gas from phases 6 and 8 of the South Pars field, he said, SHANA news agency reported March 18.

The project of developing the 19th phase is aimed at producing 50 mcm/d sweet gas plus 75,000 barrels of gas condensates, as well as 400 metric tons of sulfur per day.

1.05 million metric tons of liquid gas as well as one million metric tons of ethane in a year are also expected to be extracted from this phase.

The South Pars field has 14 trillion cubic meters of natural gas -or about eight percent of the world's reserves- and more than 18 billion barrels of liquefied natural gas resources.

The field is part of a wider gas field that is shared with Qatar. The larger field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters (South Pars) in the Gulf. The remaining 6,000 square kilometers, referred to as the North Dome, are in Qatar's territorial waters.

Iran's share of the gas field is divided into 29 phases, but just 10 phases are currently operational. No phases of the South Pars gas field have recently come on stream.