Iran exports 1.3 mln barrels of condensate from South Pars Phase 19
Baku, Azerbaijan, Aug. 13
By Fatih Karimov – Trend:
Iran has exported 1.3 million barrels of gas condensate from Phase 19 of its South Pars gas field, Hamid Reza Masoudi, operator of the phase said, SHANA news agency reported Aug. 13.
Iran started gas condensate export from the phase in June 2016.
Masoudi said that two sweetening unit of Phase 19 Refinery was commissioned recently and the third unit will come on stream soon.
He further said that once the Platform 19A of the South Pars field becomes operational Iran’s gas output will increase by 14.2 million cubic meters per day.
The platform was successfully installed at its designated offshore spot July 16.
Phase 19 development of South Pars is set to produce 56 million cubic meters per day (mcm/d) of gas, 80,000 b/d of gas condensate, 400 tons a day of sulfur, 1.05 million tons a year of liquefied petroleum gas and one million tons a year of ethane.
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 430 mcm/d of gas from South Pars, while the production level is projected to surpass 700 mcm/d by late 2018.