BAKU, Azerbaijan, Feb. 3
By Elnur Baghishov – Trend:
Iran's South Pars Gas Company (SPGC) has a share of about 80 percent in the country's energy supply, CEO of SPGC, Hadi Hashemzadeh Farhang said, Trend reports citing the company’s website.
According to Hashemzadeh Farhang, the company has supplied about 153 billion cubic meters of sweet gas to the country's gas network from the beginning of the current Iranian year (March 21, 2021) to February 2, 2022.
The CEO noted that currently, the SPGC can process 550 million cubic meters of gas per day.
Iran's South Pars Gas Company has 12 gas refineries. The company processes rich gas extracted from the South Pars gas field.
The South Pars gas field (called North Dome in Qatar) 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's share in the field is 14 trillion cubic meters of gas and 18 billion barrels of gas condensate.
The phases of the South Pars gas field are located in an area of 3.7 km. Iran has extracted more than 1.8 trillion cubic meters of gas and 2.2 billion barrels of gas condensate worth $335 billion by the end of last Iranian year (March 20, 2021).
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