Energy
0

SPGC Produces 50% of Iran’s Hydrocarbons

SPGC Produces 50% of  Iran’s Hydrocarbons
SPGC Produces 50% of  Iran’s Hydrocarbons

Development of each phase in South Pars Gas Field adds to Iran's gross domestic product by 1%, managing director of the huge gas complex said.
"The share of fossil fuels in Iran's energy basket is 74%, of which 50% is produced by SPGC," Hadi Hashemzadeh Farhang was quoted as saying by ILNA on Tuesday.
South Pars, the world's largest gas field and shared between Iran and Qatar, is being developed in 24 phases. Nineteen phases are up and running and phases 13 and 22-24 are nearing the final stages. 

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