IGAT to Receive SP Gas in Winter

IGAT to Receive SP Gas in WinterIGAT to Receive SP Gas in Winter

South Pars phases 20 and 21 will become operational by November and their gas will be sent to Iran's Gas Trunkline—aka IGAT—in winter, Alireza Ebadi, director of phases 20 and 21 at Pars Oil and Gas Company, said on Monday.

The official added that two out of 11 wells were drilled, as Phase 21 is a high priority for the National Iranian Oil Company, and seven more wells are due for completion by the end of October, IRNA reported.

Underscoring the construction of platforms by Iran Marine Industrial Company—aka Sadra—in Khorramshahr fabrication yard in southern Iran, Ebadi said, "The offshore sector has made 81% progress and Phase 21 platform, where sweet gas will be converted to sour gas prior to its delivery to IGAT, will be installed in two months."

Ali Akbar Shabanpour, Pars Oil and Gas Company's managing director, said on Monday the compaqny is monitoring platform construction and this phase will go on stream in winter.

According to Ebadi, the 105-km offshore pipeline will be completed in 10 days as 2 km of pipeline are laid per day with the help of a pipe-laying vessel.

"Laying the 6-km onshore pipeline from the sea to the refinery is underway," he said, adding that if processing platforms are not ready by the end of October, the gas will be sent to IGAT before being processed at the platform.

Phases 20 and 21 of South Pars Gas Field are being developed for the production of 50 million cubic meters per day of processed natural gas for domestic consumption, a million tons a year of ethane for use by petrochemical plants, 1.05 million tons a year of high-quality liquefied gas for exports and 75,000 barrels a day of condensates.

South Pars, divided into 29 development phases, holds 40 trillion cubic meters of natural gas, or 21% of world’s total gas reserves, and 50 billion barrels of condensates. It covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf and the rest is in Qatar’s territorial waters.

The gas field is estimated to contain a significant amount of natural gas, accounting for about 8% of the world’s reserves and approximately 18 billion barrels of condensates.

POGC, a subsidiary of NIOC, was established in 1998 and its mandate is to develop South Pars and North Pars gas fields.

Sadra was founded in 1968 as a small ship repair yard in Bushehr northwest of Persian Gulf. Since then, it has established itself as the leading shipbuilding and ship repair company of Iran.