October 20, 2021 17:53

South Pars Products Constitute 50% of Gov’t Revenues in 2020

Around 2 trillion cubic meters of gas and 2.2 billion barrels of condensates have been extracted from the giant field over the last 18 years

South Pars Gas Field’s products, including gas condensates, natural gas and derivatives, accounted for 50% of government revenues in 2020, the managing director of South Pars Gas Complex said.
"The government generated close to $37.5 billion in revenues in the last fiscal year [ended March 20, 2021)], of which $19 billion came from selling SP strategic commodities, namely natural gas, ethane, butane, propane, sulfur, condensates and liquefied petroleum gas," Hadi Hashemzadeh Farhang was also quoted as saying by ILNA.
The National Iranian Oil Company has earned approximately $335 billion by selling SP products since 2002, he added.

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South Pars Gas Field