BAKU, Azerbaijan, January 29. Iran's South Pars Gas Company (SPGC) has successfully achieved domestic production of 11,600 pieces of equipment and supplies essential for the company's operations, said Saeed Heidari, the company's Senior Control Room Operator, Trend reports.
Speaking to Iranian media, Heidari noted that the company has collaborated with around 120 local startup companies, marking the beginning of the domestic production of equipment and supplies for the first time in the country.
He emphasized that the equipment and supplies are crucial for the operations of South Pars Gas Company’s plants, which had previously relied on imports from several (4-5) countries, including the United States, Japan, and China.
The company official further added that agreements have been made with local startup companies to produce 160 pieces of equipment and supplies within Iran in the current Iranian year (from March 20, 2024 through March 20, 2025).
"Currently, over 95 percent of the equipment and supplies required by the company are produced domestically. By March 20, 2025, domestic production is expected to reach 100 percent through cooperation with local manufacturers and startups," he said.
The South Pars Gas Company processes rich gas extracted from the South Pars gas field. It receives 650 million cubic meters of rich gas daily from the mentioned field. Of this, 580 million cubic meters of gas are processed and delivered to the country’s gas network. Additionally, the company produces 780,000 barrels of gas condensate, 15,000 tons of ethane, 15,000 tons of propane, 10,000 tons of butane, and 2,500 tons of sulfur daily.
The South Pars Gas Field (called North Dome in Qatar) is a joint gas field between Iran and Qatar. The field holds an estimated 51 trillion cubic meters of gas reserves, with around 36 trillion cubic meters potentially recoverable. Iran’s share in this field is approximately 14 trillion cubic meters of gas and 18 billion barrels of gas condensate.