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Two platforms of South Pars gas field’s phase 12 to come on stream in two months

Business Materials 8 November 2014 14:10 (UTC +04:00)

Tehran, Iran, Nov. 7

By Milad Fashtami - Trend:

The platforms B and C of South Pars gas field's Phase 12 will come on stream by the end of autumn (December 21).

The Managing Director of Pars Oil and Gas Company, Ali Akbar Shabanpour, said on Nov. 7 that once the platforms come on stream, the phases' output will reach 65 million cubic meters, from the current figure of 25 million.

"The Platform A with the production capacity of one billion cubic meters came of stream last year," he said.

Mohammad Javad Shams, the CEO of Petropars Ltd., which is tasked with developing Phase 12 of the South Pars gas field, said in May that Phase 12 is 95 percent complete.

Phase 12 is the South Pars' biggest phase in terms of volume of activities as well as investment and production levels. When fully operational, Phase 12 will see some 75 million cubic meters of sweet gas pumped into the national gas network per annum.

Iran faced severe gas shortage in previous winter. The country was forced to cut gas supply to industrial units and petrochemical complexes on several occasions.

Houshang Taheri, an official with the National Iranian Gas Company, predicted on Nov. 2 that Iranian households' gas consumption would reach 350 million cubic meters per day in cold days.

He went on to note that the households' consumption was around 120 million cubic meters per day at the end of September.

"The number of subscribers to the national network has increased by 8 percent compared to the same period previous year," Taheri said.

The Managing Director of Iran's Natural Gas Storage Company Masoud Samivand said on October 29 that the country is able to pump 20 million cubic meters of gas per day from Sarajeh and Shoorijeh gas storage facilities to the country's national gas network in cold months.

"If the temperatures continue to drop the country will start extracting gas from storage facilities in two weeks," he said.

Samivand said on October 27 that some 2 billion cubic meters of gas have been stored in the country's storage facilities, Iran's ILNA News Agency reported.

According to BP's latest yearly report, Iran's dried gas output is about 160 bcm, a little more than domestic consumption level.

Iran exported 7.5 bcm of gas to Turkey and imported 4.5 bcm gas from Turkmenistan in 2012, according to BP's report.

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