Gas Condensate Exported From 2 SP Phases

Gas Condensate Exported From 2 SP PhasesGas Condensate Exported From 2 SP Phases

First gas condensate shipment from South Pars Phases 15 and 16 has been exported, said the operator of the two phases, ISNA reported. A total of 500,000 barrels of gas condensate was exported. A second consignment of the same volume is to be shipped next week, Reza Forouzesh announced.

Referring to recent repairs and maintenances of the two phases’ refining systems, Forouzesh said the overhauls will increase the refinery’s sweet gas production to more than 40 million cubic meters per day. The main buyers of Iranian gas condensates are the same as its traditional oil customers, namely China, India, South Korea, Turkey, Taiwan and Japan.

Developments at Phases 15 and 16 are aimed at producing 56.6 million cubic meters (mcm) of natural gas, 75,000 barrels of gas condensates, and 400 tons of sulfur per day. There are also plans for annual production of one million tons of liquefied petroleum gas (propane and butane) and ethane as feedstock for petrochemical complexes. The two phases are the most recently-developed phases of the field, located in the Persian Gulf region. Phase 15 went into operation, and sour gas extraction commenced therein, in early January.

First batch of gas from Phase 16 was injected into the national gas pipeline in December. South Pars, located in the Persian Gulf, is the world’s largest gas field, shared between Iran and Qatar. The field has a capacity of producing 820 mcm/d and 1 mcm/d of gas and gas condensates, respectively.