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Iran eyes to increase gas extraction from South Pars field

Oil&Gas Materials 21 May 2022 10:33 (UTC +04:00)
Iran eyes to increase gas extraction from South Pars field
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 21. Iran's gas extraction from the Iran-Qatar joint South Pars gas field (called North Dome in Qatar) will increase by about 6 percent this winter, Managing Director of Iran's Pars Oil & Gas Company (POGC) Mohammad Meshkinfam told IRNA, Trend reports.

According to Meshkinfam, with an increase in extraction from the South Pars gas field by 40 million cubic meters per day, Iran’s daily extraction from this field will reach 740 million cubic meters.

The director also added that Iran will start extracting 12 million cubic meters of gas per day from the 11th phase of the South Pars field this winter.

“At the same time, extraction from the 13th and 16th phases of the field will be increased,” he said.

The official noted that the pipeline for gas transportation from the 16th phase through the Persian Gulf was repaired and re-launched.

“Currently, 20 million cubic meters of gas is transported daily through this pipeline. In order to prevent problems with gas supply in winter, another pipeline will be laid from this phase to transport gas until winter,” Meshkinfam pointed out.

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.

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