Offshore piping completed at Iran’s South Pars gas field phase 22

Business Materials 13 September 2014 17:27 (UTC +04:00)

Baku, Azerbaijan, Sept.13

By Fatih Karimov - Trend: Offshore piping operations have been completed at Iran's South Pars gas field phase 22.

Laying 110 kilometers of pipelines was completed in 77 days, Iran's Tasnim news agency reported on September 13.

Phases 22-24 of the South Pars gas field are aimed to produce 56.6 million cubic meters of gas per day.

Iranian Oil Minister Bijian Namdar Zanganeh said on July 26 that Iran plans to boost gas production from the South Pars field by 100 million cubic meters.

It is expected that the gas field's output will be increased by 100mcm by the end of the current year, he added, the Shana news agency reported.

The current Iranian year began on March 21.

The prioritized phases, namely the phases 12, 15, 16, 17, and 18 of the gas field, will come on stream in the current year, he added.

Iran is currently producing 300mcm of gas per day from the South Pars.

The South Pars field has 14 trillion cubic meters of natural gas, or about eight percent of the world's reserves and more than 18 billion barrels of liquefied natural gas resources.

The field 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 Gulf.