Iran’s South Pars Phase 19 output reaches 42 mcm/d

Business Materials 10 December 2016 16:39

Baku, Azerbaijan, Dec. 10

By Fatih Karimov – Trend:

The gas output of Iran’s South Pars Phase 19 has reached 42 million cubic meters per day, Hamid Reza Masoudi, operator of the phase said, SHANA news agency reported Dec. 10.

At the moment, some 42 mcm of sour gas from the SPD2, 19A and 19C platforms of the phase is being sent to the refinery of the phase, Masoudi said.

The platform 19A was successfully installed at its designated offshore spot on July 16.

Masoudi further said that so far five million barrels of gas condensates has been produced in the Phase 19, of that about 4.5 million barrels have been exported to target markets.

Meanwhile, 3.2 billion cubic meters of gas was produced in the phase so far, he added.

He further said that the last platform of the phase with total output of 14 million cubic meters per day will be installed by March 2017.

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.