Baku, Azerbaijan, Feb. 22
By Emil Ilgar – Trend:
Iran launched the second platform of Phase 17 (17B) of the South Pars gas field on Feb. 22, Shana reported.
According to the report, the 2,300-ton platform will produce 14 million cubic meters (mcm/d) of gas, 20,000 barrels per day (b/d) of gas condensate and 100 tons per day of sulphur.
Iran has increased gas production from South Pars to above 500 mcm/d and it would reach 520-530 mcm/d by the end of current fiscal year (March 21).
The field with 14 trillion cubic meters of reserves on the Iranian side is jointly owned with Qatar.
Iran divided its side of the field to 24 phases and its final output capacity is expected to be above 800 mcm/d after launching all phases.
Qatar has produced above 2.4 trillion cubic meters of cumulative gas from the field, while Iran’s output has reached 1 trillion cubic meters until 2016.