Iran: South Pars Phase 13 Near Completion

Iran: South Pars Phase 13 Near CompletionIran: South Pars Phase 13 Near Completion

Phase 13 of South Pars Gas Field which will fully come on stream by the end of March can generate $5 million in revenues per day, director of the project said Wednesday.
"South Pars is being developed in 24 phases, of which 20 are either partly or fully operational. Each phase, once fully developed, annually earns close to $1.5 billion," Payam Motamed was quoted as saying by Shana, the Oil Ministry news portal.
South Pars phases come into operation gradually.
Development of each phase of the field, located in the Persian Gulf, adds 1.28% to the GDP, he said.


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