Azerbaijan, Baku, Dec.25/ Trend F.Milad
The development operation of South Pars gas field's phases 15 and 16 is currently over 90 percent complete, the managing director of Pars Oil and Gas Company, Mousa Souri said on Monday.
"Currently all the utilities and equipments are being installed and sweet gas is being injected to the refineries of mentioned phases,"
We expect to be able to refine sour gas in these phases by the end of the current Iranian calendar year (March 19, 2013), the Mehr News Agency quoted Souri as saying.
According to Souri, the phases 15 and 16 aim at daily producing 50 million cubic meters of natural gas, 80,000 barrels of gas condensate, 400 tons of sulfur, and one million tons of ethane.
Annually some 1.1 million tons of liquefied gas would also be produced in the mentioned phases.
Iran has attached the priority on boosting gas production capacity from its joint oilfields with Qatar and Saudi Arabia, Oil Minster Rostam Qasemi said in June.
Qasemi said in November that 775 million cubic meters (mcm) per day of gas could be extracted from South Pars after all its phases come on stream.
Iran is currently producing 300 mcm per day of gas from South Pars.
The country, which sits on the world's second largest natural gas reserves after Russia, has been trying to enhance its gas production by increasing foreign and domestic investments, especially in its South Pars gas field.
Iran sits on the world's second largest natural gas reserves after Russia and is trying to grow its gas production by increasing foreign and domestic investments, especially in its South Pars gas field.
South Pars is part of a wider gas field that is shared with Qatar. The larger field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters (South Pars) in the Persian Gulf.
The remaining 6,000 square kilometers, referred to as the North Dome, are in Qatar's territorial waters.