0718 GMT July 05, 2022
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Iranian Oil Minister Javad Owji said Phase 11 of the South Pars Gas Field development project will lead to production of 670 million cubic feet (mcf) of natural gas by September 21.
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Iran’s giant South Pars Gas Field Phase 11 to produce 14 million cubic meters (mcm) per day by the end of the current Iranian year (March 20, 2023), announced an official with the National Iranian Oil Company (NIOC).
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The Iranian Offshore Engineering and Construction Company (IOEC) inked a deal with a foreign company to cooperate in implementing the second phase of the South Pars oil layer’s development project.
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The head of the National Iranian Oil Company (NIOC) said his company has plans to increase the country’s natural gas output by 240 million cubic meters (mcm) which requires $11 billion of investment.
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The managing director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars Gas Field, said all the necessary measures have been taken for the preparation of the complex for sustained supply of gas during the winter.
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The CEO of Petropars Group said that roughly 8,000 meters of drilling operations have been carried out in Phase 11 of the South Pars offshore gas field.
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Managing Director of South Pars Oil and Gas Field Mohammad Meshkinfam said that $25 billion worth of investment were made in eight years for developing the field.
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The Iranian Oil Ministry will inaugurate several major gas projects in south of the country on Monday, according to a report by Shana.
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Over 1.8 trillion cubic meters (tcm) of natural gas has been produced from the giant South Pars Gas Field in southern Iran since the beginning of the field’s development up to March 20, according to Pars Oil and Gas Company (POGC) which is in charge of developing the huge gas field.
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Two liquefied petroleum gas (LPG) storage tanks of phases 22-24 of Iran’s South Pars Gas Field became operational and ready to store 80,000 cubic meters of gas, said the head of Iran’s Pars Oil and Gas Company (POGC) on Saturday.
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Iran’s Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars Gas Field in the Persian Gulf, has installed a second single-point-mooring (SPM) system at Site 2 of the field to facilitate gas condensate exports from the region.
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Four platforms of South Pars Phase 14 will be put into production in the winter, announced the managing director of Pars Oil and Gas Company (POGC) on Saturday.
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The platform of South Pars Phase 16 has resumed operation after the reconstruction of the damaged parts of the platform’s offshore pipeline.
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By Simon Watkins*
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The South Pars Phase 14 refinery will be operational by the end of the current Iranian year (March 20, 2021), announced the managing director of Pars Oil and Gas Company (POGC).
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