Iran's South Pars Gas Company increases gas production
BAKU, Azerbaijan, August 15
By Elnur Baghishov – Trend:
The production at the second refinery of the South Pars Gas Company (SPGC) in the Pars Special Economic Energy Zone in Bushehr Province (southern Iran) increased by 2 percent during the first four months of the current Iranian year (March 20-July 21, 2020), compared to the same period last Iranian year, Director of the second refinery of SPGC Hossein Baghban said, Trend reports citing the company’s official website.
According to the director, this became possible due to the increase in fuel transported from phases 2 and 3 of the South Pars gas field.
He added that the production at this refinery increased by 125 percent in the last Iranian year (from March 21, 2019 to March 20, 2020) compared to the preceding Iranian year (from March 21, 2018 to March 21, 2019).
Baghban stressed that reducing downtime in the production units of the refinery and improving the production process are the main goals related to increasing production.
The gas that is extracted from phases 2 and 3 of the South Pars gas field is transported to the South Pars Gas Company's 2nd refinery. The refinery processes 60.5 million cubic meters of gas per day.
The South Pars gas field is a joint gas field of Iran and Qatar. The proven reserves of the South Pars Gas Field are estimated at 51 trillion cubic meters of gas, of which 36 trillion are extractable. At present, Iran's daily gas production from the South Pars gas field is more than 700 million cubic meters. Iran has so far spent $33 billion on projects of the South Pars gas field.
Around 75 percent of Iran's gas is supplied by this field.
Gas from Iran's South Pars gas field is transported to refineries in the Pars Special Energy Economic Zone in the port city of Asaluyeh in Iran's southern Bushehr province via a gas pipeline.