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Phase 13 of SP 74% Completed

Phase 13 of SP 74% CompletedPhase 13 of SP 74% Completed

South Pars gas field Phase 13 has had a 74 percent progress and will go into partial operation in the next Iranian calendar year (begins March 2016), chief executive officer of the phase said, IRNA reported.

Currently the platform’s jacket is being installed, Payam Motamed said, underlining that the 1995 tons offshore jacket at a height of 72 meters has been entirely manufactured by Iranian specialists in Sadra Company (Iran Marine Industrial Co.) Development of Phase 13 involves drilling 38 production wells. Drilling operations are now 50 percent completed, the official said. Phase 13 comprises onshore and offshore sections, with the priority given to the offshore part.

The project is being implemented in the form of an engineering, procurement and construction (EPC) agreement, by a consortium of domestic companies comprising Petropaydar Iranian Co., Mapna Group, and Sadra Co.

On March 22, a Bahraini commercial vessel hit the platform, but no harm was done thanks to the safety measures taken by authorities. Development of Phase 13 is aimed at daily production of 50 million cubic meters (mcm) of sweet gas, 80,000 barrels of gas condensate, 400 tons of sulfur, and 1.1 million tons of liquefied gas and one million ton of ethane per annum as feedstock for petrochemical complexes.  South Pars is the world’s largest gas field, shared between Iran and Qatar, covering an area of 3,700 square kilometers of Iran’s territorial waters in the Persian Gulf.

Financialtribune.com