Part of production from Kish gas field will be pumped into the national gas network next winter, managing director of the Petroleum Engineering and Development Company (PEDEC) said Saturday, Shana news agency reported.
The field is estimated to produce 28 million cubic meters of gas and 11,300 barrels of gas condensate per day in the first phase, Abdolreza Haji-Hosseinnejad said.
PEDEC was appointed by the oil ministry in October 2011 to implement development activities at the field.
The company is expected to develop the field in three phases at an estimated cost of $2.2 billion. Funding is to be provided by the National Iranian Oil Company, Haji-Hosseinnejad noted.
Production from the first phase is expected to commence in the second half of the next Iranian calendar year (starting March 21).
Currently, drilling operations are carried out by National Iranian Drilling Company (NIDC), in order to obtain seismic data, evaluate different parts of the reservoir, and ultimately produce gas.
According to Offshore Technology, a 10 kilometer land pipeline will then transfer the output gas to the Kish coast, and a 17km offshore pipeline will transport the gas afterwards to the mainland.
A 3km onshore pipeline will then carry the gas to the refinery.
The Kish gas field is located below Kish Island, and is the second largest field in the Persian Gulf, after South Pars. Discovered in 2006, it is one of NIOC's most recent discoveries.
The field has a length of about 32.2 kilometers and a width of 22.5 kilometers with reserves lying at a depth of 3,800 to 4,300 meters.
It is estimated to contain 1.1 trillion cubic meters of gas, and 398 million barrels of gas condensate.
