Iran’s South Pars gas field phase 12 to boost output

Business Materials 12 July 2015 16:37 (UTC +04:00)

Baku, Azerbaijan, July 12

By Fatih Karimov - Trend: The phase 12 of Iran's South Pars gas field will boost output to 68 million cubic meters per day before winter, Rasoul Fallahnejad, the project manager of Phase 12, said.

The phase 12 of the gas field came on stream in March 2014, he said, adding that three new wells will be drilled over the next month, Iran's Shana news agency reported on July 12.

The new wells will boost the phase's output by seven mcm per day, he noted.

Phase 12 is the biggest phase of the gas field with the projected output capacity of 85 million cubic meters per day.

The phase is also projected to produce 120,000 barrels of gas condensates and 750 metric tons of sulfur daily.

South Pars, a non-associated gas field located offshore in the middle of the Gulf, is Iran's largest gas field. South Pars is a portion of a larger gas structure that straddles the territorial water borders of Iran and Qatar. It is called the North field in Qatar.

Iran says it boosted gas production from the South Pars gas field by 50 mcm per day in the past fiscal year, which ended on March 20. Last year, the output capacity increased by 100 mcm/d and hit 300 mcm/d.

Iran plans to inaugurate all phases of the gas field by 2018 and boost its output of this field to 720 mcm/d.