Iranian South Pars’ biggest phase yields 6 m/b of condensate in 3 months

Business Materials 4 July 2016 16:59 (UTC +04:00)

Baku, Azerbaijan, July 4

By Fatih Karimov – Trend:

Gas condensate output at Phase 12 of Iran’s South Pars field stood at 6.187 million barrels during the first three months of current fiscal year (March 20-June 20), said Gholamreza Bahmannia, manager of the 9th gas refinery of South Pars Gas Complex.

In the meantime, 4.784 billion cubic meters of gas was refined, he said, IRIB news agency reported July 4.

He further said 17,556 tons of sulphur was produced at the 9th refinery of the South Pars Gas Complex.

The Phase 12, South Pars’ biggest phase, was put on stream in March 2015.

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 Phase 12 produces 80 million cubic meters of gas per day.

The Islamic Republic produces over 420 million cubic meters of gas per day from South Pars, while the production level is projected to surpass 700 million cubic meters per day by late 2018.