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Detained equipments of Iran’s South Pars released in Asia, Europe

Business Materials 19 November 2016 16:24 (UTC +04:00)

Baku, Azerbaijan, Nov. 19

By Fatih Karimov – Trend

European and Asian countries have released detained equipments of Phases 20 and 21 of South Pars gas field, Alireza Ebadi, operator of phase 20 and 21 projects of the gas field, said, Mehr news agency reported Nov. 19.

The foreign companies refused to deliver goods to Iran once international sanctions were imposed, Ebadi said, adding that after the sanctions removed last January numerous foreign manufacturers expressed readiness to resume activities and providing equipments for the phases of the gas field.

He further said that companies from France, Spain and Japan as well as a number of multinational firms have manufactured and delivered the required equipments for Phases 20 and 21 of South Pars gas field.

The equipments include solenoids, pumps, valves, reservoirs and refinery equipment, he added.

New contracts have been signed with foreign firms for construction of a series of modern and technological equipments in post-sanctions era, Ebadi said.

Phases 20 and 21 are meant to reach an output of 57 million cubic meters(mcm) of gas and 80 thousand barrels of gas condensates per day.

Together, the two phases will also yield 400 tons of sulfur, 1.05 million tons of liquefied gas, and one million tons of ethane per year.

Currently Iran’s total gas production stands at 750 mcm/d. The figure is expected to reach 1,000 mcm/d by March 2018 and 1,260 mcm/d by 2021.

South Pars is joint field between Iran and Qatar. Iranian side contains about 18 trillion cubic meters, which shares about a half of the country’s total reserves.

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