Energy
0

South Pars Gas Output Will Exceed 600 mcm/d

A total of six new platforms are slated to be installed in South Pars Gas Field by March 2019, which will add 84 million cubic meters to the giant field’s production capacity
South Pars has 24 standard phases, most of which are fully operational.
South Pars has 24 standard phases, most of which are fully operational.
Iran has drawn over 1 trillion cubic meters of gas from South Pars since the first of its 24 planned phases came on stream in 2002

The giant South Pars Gas Field in the Persian Gulf is slated to increase production capacity by 84 million cubic meters per day, which has currently stabilized at a rate of 550 mcm/d, by the end of the current fiscal year (March 2019), the managing director of Pars Oil and Gas Company said.
"Platform 14A, the construction of which had been assigned to Iran Shipbuilding and Offshore Industries Complex Company [in Bandar Abbas, southern Iran], has gone on stream," Mohammad Meshkinfam was also quoted as saying by Oil Ministry's news portal, Shana.
He added that Platform B14, which is also built by ISOICO, is expected to be installed by the fiscal yearend.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com