South Pars Revenues Hit $360b in 20 Yrs.

South Pars, the world's largest proven offshore natural gas reservoir in the Persian Gulf, contains at least 12 trillion cubic meters of gas, of which 2 tcm have been extracted by Iran in the past 19 years
South Pars Revenues Hit $360b in 20 Yrs.
South Pars Revenues Hit $360b in 20 Yrs.

The cumulative output of natural gas and its byproducts from the South Pars Gas Field in the Persian Gulf has reached 2 trillion cubic meters since 2002, the operations manager of Pars Oil and Gas Company said.
“Iran has generated almost $360 billion in revenues over the last 20 years by selling the gas field’s products, including gas condensates, natural gas and its derivatives,” IRNA also quoted Alireza Ebadi as saying.
The number of offshore wells and decks in the field stands at 336 and 39 respectively, which are linked to 13 onshore processing facilities via 3200 kilometers of subsea pipelines, he added.


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