Iran to export first condensate cargo from South Pars Phase 19 soon
Baku, Azerbaijan, June 18
By Fatih Karimov – Trend:
First gas condensate consignment from Phase 19 of Iran’s South Pars gas field will be exported in the coming weeks, Hamid Reza Masoudi, operator of the phase said.
So far 100 million cubic meters of gas from the phase have been injected into the national gas grid, Masoudi said, SHANA news agency reported June 18.
The Platform 19A of the South Pars field will be operational within next four months, he said, adding once the platform becomes operational Iran’s gas output will increase by 14.2 million cubic meters per day.
He further said that platform 19C of the field will be installed in the coming weeks, adding 28.3 million cubic meters of gas to the country’s daily output.
Masoudi also said that the phase 19 project is completed by 93 percent, adding construction of the phase’s refinery also has made progress by 93 percent.
According to statistics, each standard phase of the gas field will produce around 8 billion cubic meters of gas per year, valued at $2 billion.
South Pars, located in southern region, is divided into 24 development phases, and contains 40 trillion cubic meters of natural gas.
It covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are in Qatar's territorial waters.
The Islamic Republic is producing over 420 million cubic meters per day (mcm/d) of gas from South Pars, while the production level is projected to surpass 700 mcm/d by late 2018.