Extraction from Iran's South Pars gas field restarts

Oil&Gas Materials 12 September 2020 23:58
Extraction from Iran's South Pars gas field restarts

BAKU, Azerbaijan, September 12

By Elnur Baghishov – Trend:

The overhaul has been completed on the 8th platform (SPD8) of the Iran-Qatar South Pars gas field (called North dome in Qatar) and the extraction has been restarted, said Alireza Ghobadi, Head of Production Department of Iran’s Pars Oil and Gas Company (POGC), Trend reports citing the company’s website.

According to Ghobadi, along with the overhaul, which lasted 25 days, 3 pipelines were replaced on the platform.

Ghobadi added that this platform is as part of 6th, 7th and 8th phases.

The official noted that at present, maximum gas is extracted from these phases.

The 6th, 7th and 8th phases of Iran's South Pars gas field can be extracted 104 million cubic meters of sour gas, 158,000 barrels of gas condensate and 1.6 million tons of liquefied gas (propane and butane) per day. About $3.5 billion has been spent on the development of these phases.

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. Iran extracted 570 million cubic meters of gas per day from this field in the last Iranian year (from March 21, 2019 to March 20, 2020). 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.