BAKU, Azerbaijan, March 3
By Elnur Baghishov - Trend
Work on construction of platforms on the offshore part of the Iran-Qatar joint South Pars gas field (this field is called North Dome in Qatar ) will be completed by the end of the current Iranian year (March 21, 2020), said Mohammad Meshkinfam, Managing Director of Pars Oil & Gas Company of Iran, Trend reports citing NIOC.
According to Meshkinfam, only phase 11 works on this gas field are remaining. The first jacket will be installed soon in this phase and the platform will be installed after completing the drilling at wells.
Meshkinfam added that as part of the 13th phase, C platform of the gas field will be installed on March 7 if the weather conditions are appropriate. The platform will be the 37th platform installed by Iran on the South Pars gas field.
“At present, Iran produces 650 million cubic meters of gas per day from this field. This is while, Qatar's gas production from this field is 570-580 million cubic meters a day," he said.
Iranian companies have made significant progress in the development, transportation and installation of platforms in connection with the development of the South Pars gas field. Thus, Iranian companies can easily manage the $5 billion project.
The South Pars gas field is a joint gas field Iran and Qatar. The proven reserves of the South Pars Gas Field have reached 51 trillion cubic meters of gas (36 trillion extractable). At present, the potential for daily gas production from Iran's South Pars gas field is 650 million cubic meters. With the launch of new platforms in five phases (13, 14, 22, 23 and 24), gas production potential will increase to 680 million cubic meters daily.