Iran to up output at offshore gas field
Iranian Petropars and IGC companies inked a deal on Monday with
the goal of boosting output at the offshore section of the South
Pars gas field's Phase 1, the Shana news agency reported.
Phase 1 is currently producing 1 billion cubic feet of natural gas
per day at two platforms. Once the project comes on stream, the
same amount will be produced at just one of the platforms.
The project will add 200 million cubic feet to the total output of
the South Pars gas field.
The first phase is projected to produce 920 million cubic feet of
gas, 40,000 barrels of condensates, and 200 tons of solid sulfur
per day.
The South Pars gas field is shared by Iran and Qatar. The Iranian part of the deposit, which is divided into 29 phases, has about 14 trillion cubic meters of gas, or about eight percent of the total world reserves.
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