Volume. 11978

Iran exports South Pars products to 29 countries
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c_330_235_16777215_0___images_stories_edim_04_ma1(6).jpgBUSHEHR- Iran exported over 1.405 million tons of petrochemical products from the South Pars gas field to 29 countries in the first Iranian calendar month of Farvardin (March 21-April 20), IRNA News Agency quoted an Iranian senior customs official as saying.
Pars Special Economic Energy Zone (PSEEZ) Customs Office Director Khodadad Rahimi said on Sunday that more than $1.266 billion worth of products, mainly heavy polyethylene, methanol, butane, diethylene glycol, propane, and gas condensate, were exported from PSEEZ in the mentioned period of time.
China, Japan, the UAE, India, Turkey, Iraq, Taiwan, Thailand, Malaysia, Vietnam, Afghanistan, Pakistan, Armenia, Russia, Mozambique, Egypt, Syria, Turkmenistan, Tajikistan, Ukraine, Qatar, Tanzania, Philippines, Ghana, Kenya, Azerbaijan, Georgia, South Korea and Mexico were the destinations for the exported goods, Rahimi said.
Exports from the South Pars gas field rose by 11 percent in weight and 28 percent in value compared to the same period in the previous year, he added.
Iran will boost production at its South Pars gas field by 100 million cubic meters per day in the current Iranian calendar year, which began on March 21, Iranian Oil Minister Bijan Namdar Zanganeh said on April 5.
The South Pars gas 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, i.e. North Dome, are in Qatar's territorial waters.
The Iranian gas field, which is divided into 29 phases, contains 14 trillion cubic meters of natural gas, about eight percent of the world's reserves, and more than 18 billion barrels of LNG resources.
Iran’s crude oil output is forecast to increase by about 200,000 barrels per day to 4 million barrels per day, and its daily natural gas output is forecast to increase by about 100 million cubic meters per day to 400 million cubic meters per day.
Iran is estimated to hold 33.7 trillion cubic meters of natural gas and 157 billion barrels of recoverable crude oil reserves.

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