South Pars daily gas output to rise 84mcm by Mar. 2019

July 21, 2018

TEHRAN- Daily production of gas in Iran’s South Pars gas field (in the Persian Gulf) will be increased by 84 million cubic meters (mcm) by the end of current Iranian calendar year (March 20, 2019), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field.

Mohammad Meshkinfam said the rise will come through putting six new platforms into operation by the mentioned time, Shana news agency reported.

POGC managing director also said that building platforms 13B, 13D, 14C and 24A of phases 13, 14 and 24 of South Pars development has already 90 percent progress.
He said five platforms will be installed by the end of the first half of current Iranian year (August 22).

South Pars gas field, which Iran shares with Qatar in the Persian Gulf, covers an area of 9,700 square kilometers, 3,700 square kilometers of which, called South Pars, are in Iran’s territorial waters. The remaining 6,000 square kilometers, called North Dome, are situated in Qatar’s territorial waters.

The field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.

MA/MA

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