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SP Phase 19 Platform Installed

SP Phase 19 Platform Installed
SP Phase 19 Platform Installed

The offshore platform of South Pars Gas Field's Phase 19 was installed successfully with the help of domestic Oceanic 5000 crane ship, the phase's contractor said on Wednesday.

"Upon the completion and full operation of the new structure, SPD2 platform production will exceed 14 million cubic meters per day by the end of winter," Hamidreza Masoudi was quoted as saying by Shana.

According to Masoudi, the installed structure weighs 2,700 tons. Moreover, it was build in less than 68 months, much faster compared to other SP projects' platforms.

Underscoring the design of the main and satellite platforms of Phase 19's Section C, the official said, "Each platform has the capacity to produce 14 mcm/d. As soon as they both go on stream, Iran's gas production capacity will increase by 28 mcm/d by the end of the current Iranian year (ended March 20)."

According to the official, SPD1 platform can now produce 1 billion cubic meters of gas independently per day. Moreover, SPD2 can be separated from Phase 1 to be connected to Phase 19. It is projected that 500 million cubic feet of gas will be injected to the national gas grid from Phase 19.

According to the Oil Ministry officials, 28.3 million cubic meters of gas are extracted per day from two platforms in Phase 1 and transferred to offshore facilities through a 105-meter 32-inch submarine pipeline.

The development project of Phase 19 is among second-priority plans of South Pars, which is expected to become fully operational by the yearend (March 19, 2016). It is currently under construction by a consortium of Petropars Limited, Petropars Iran and IOEC under an engineering, procurement and construction contract.

Once fully operational, Phase 19 is estimated to produce 50 mcm/d of gas as well as 75,000 barrels of gas condensate, one million tons of liquefied natural gas and one million tons of ethane per year.

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. It adjoins Qatar’s North Field, which spans over 6,000 square kilometers.

The field has a capacity of producing 820 million cubic meters and 1 mcm of gas and gas condensates per day respectively.

Financialtribune.com