Iranian firms to develop SP Phase 14 – Official
By Trend
Mohammad Meshkin-Fam, the managing director of Pars Oil and Gas
Company (POGC), said Phase 14 of South Pars (SP) Gas Field will be
jointly developed by eight domestic firms.
"Eight Iranian firms will cooperate on the development of Phase 14
of South Pars Gas Field," Meshkin-Fam said on May 27 as quoted by
ILNA news agency.
He added that three out of the eight firms will help with the
refining process and drilling and exploration activities will be
done by the rest.
The world's largest gas field is known as South Pars in Iran's
territory with its Qatari extension referred to as the North Dome.
Officials expect all 24 phases of South Pars to become up and
running by March 2019, the end of the next fiscal year.
SP Phase 14 is aimed to produce natural gas from four offshore
platforms with output to be transported to onshore processing
facilities through a pipeline stretching over 100 kilometers. Upon
completion, Phase 14 will also produce 75,000 barrels of gas
condensate and 400 tons of sulfur per day as well as 2 million tons
of liquefied gas annually.
In fiscal 2016-17, gas production from South Pars increased to 520
mcm/d, up more than 150 mcm/d compared with the previous year.
Iran’s total gas output is above mcm/d, according to published
reports.
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