Baku, Azerbaijan, Nov. 30
By Khalid Kazimov – Trend:
Iran has launched the construction of a strategic highway connecting the south-central city of Shiraz to the South Pars Gas Field.
The 350-kilometer highway is expected to facilitate transportation between the world’s largest gas field in southern Iran and other parts of the country, the state-owned news channel IRINN reported.
South Pars 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.
South Pars gas field’s oil layer is estimated to contain over 6 billion barrels of crude with an API of 21 and recovery rate of 10 percent, which can be increased to 35 percent by adopting EOR and IOR techniques for oil recovery.