South Pars Phase 11 to Start Gas Production This Year

Gas production from the giant South Pars Gas Field’s Phase 11 will start this year, the managing director of the National Iranian Oil Company said.
“Last autumn, we decided to drill four wells in Phase 11 and the operations have now been completed and undersea pipelines have also been installed. So we expect gas extraction to begin soon,” the Oil Ministry’s news service also quoted Mohsen Khojastehmehr as saying.
Like other standard phases, the development of South Pars Phase 11 is aimed at producing 56 million cubic meters per day of gas, he added, noting that the project needs an investment of $5.7 billion.
Phase 11 is the only one among the 24 phases of the joint field in the Persian Gulf, which has not been developed yet. Iran shares the field with Qatar.