Iran’s South Pars gas production to reach all time high

Iran Materials 10 January 2012 11:36 (UTC +04:00)

Azerbaijan, Baku, Jan. 10/ Trend M. Moezzi

Iran's gas production at the joint South Pars gas field will reach all-time high in 280 million cubic meters (mcm), the Islamic Republic News Agency (IRNA) quoted the official as saying.

At present, 11 platforms in South Pars' Phases 1-10 produce 260 mcm of gas a day, Mousa Souri, managing director of the South Pars Gas Company, said. Pars refineries 1-5 then refine the gas and inject it into the national network.

Phase 1 has two operating platforms and produces an average of 28 mcm of sour gas a day from 12 wells. Phases 2, 3, 4, and 5 also have two platforms and 12 wells and produce an average of 60 mcm of sour gas a day.

South Pars Phases 6, 7, and 8 have 3 platforms and 12 wells and together produce about 85 mcm of gas a day.

Iran and Qatar share the South Pars gas field in the Persian Gulf. The Iranian share which is divided into 29 phases, accounts for about 14 trillion cubic metres of gas, or about eight per cent of the total world reserves and more than 18 billion barrels of liquefied natural gas resources.

Qatar began developing South Pars ten years before Iran and has intensified operations in the field, while Iran suffers international sanctions and technical-financial obstacles.