Iran's South Pars to produce 526 mcm of gas a day by March 2017
Baku, Azerbaijan, June 25
By Emil Ilgar – Trend:
Iran plans to commence 5 new phases of South Pars gas field and increase the output from the field to 526 million cubic meters per day (mcm/d) by March 21, 2017, said Ali Akbar Shabanpour, managing director at Pars Oil and Gas Company, SHANA news agency reported June 25.
He said that currently, the output of field stands at 431 mcm/d.
Iran plans to commence phase 19, 20 and 21 of South Pars and increase the output of phase 17 and 18 by installing two platforms.
Iran plans to produce 700 million cubic meters of gas per day from South Pars field, when all of phases become operational (except for phase 11) by 2019.
The field has been divided to 24 phases, 13 of them have already become full operational.
Shana also reported that the cross-country gas transit capacity is projected to increase by about 70 mcm/d to 657 mcm/d by March 2017.