Two phases of Iran's South Pars gas field 90 pct complete
The development operation of South Pars gas field's phases 15
and 16 is currently over 90 percent complete, the managing director
of Pars Oil and Gas Company, Mousa Souri said on Monday, Trend news
agency reported.
"Currently all the utilities and equipments are being installed and
sweet gas is being injected to the refineries of the mentioned
phases," Souri said.
"We expect to be able to refine sour gas in these phases by the
end of the current Iranian calendar year (March 19, 2013)," Mehr
news agency quoted Souri as saying.
According to Souri, the phases 15 and 16 aim at daily producing 50
million cubic meters of natural gas, 80,000 barrels of gas
condensate, 400 tons of sulfur, and one million tons of ethane.
Annually some 1.1 million tons of liquefied gas would also be
produced in the mentioned phases.
Iran has attached the priority on boosting gas production capacity
from its joint oilfields with Qatar and Saudi Arabia, Oil Minster
Rostam Qasemi said in June.
Qasemi said in November that 775 million cubic meters (mcm) of gas
per day could be extracted from South Pars after all its phases
come on stream.
Iran is currently producing 300 mcm of gas per day from South
Pars.
Iran sits on the world's second largest natural gas reserves after
Russia and is trying to grow its gas production by increasing
foreign and domestic investments, especially in its South Pars gas
field.
South Pars is part of a wider gas field that is shared with Qatar.
The field 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, referred to as the
North Dome, are in Qatar's territorial waters.