Revenues From South Pars Products Hit $335 Billion

The National Iranian Oil Company has earned close to $335 billion by selling South Pars Gas Field’s products, including gas condensates, natural gas and derivatives like ethane, butane, propane, sulfur and liquefied petroleum gas, since 2002.
According to the Oil Ministry’s news portal and based on information from the Pars Oil and Gas Company, a subsidiary of National Iranian Oil Company, around 2 trillion cubic meters of gas and 2.2 billion barrels of condensates have been extracted from the field over the last 18 years.
“South Pars, the world's largest proven offshore natural gas reservoir in the Persian Gulf, contains at least 14 trillion cubic meters of gas, of which 2 tcm have been extracted by Iran in the past 18 years. It holds 18 billion barrels of condensates,” Mohammad Meshkinfam, managing director of POGC, said.