Tehran, Oct 30, IRNA – Managing Director of Pars Oil and Gas Company Ali Akbar Shabanpour said currently Qatar is exploiting about 23 billion and Iran about 11 billion cubic feet of gas from South Pars but the gap will be narrowed by increase in Iran’s share to 17 billion cubic feet by the yearend.


 
He told IRNA that by using the first unit of phase 12 in South Pars Iran’s gas production has increased from 10 to 11 billion cubic feet.


According to the official, platforms B and C of phase 12 of South Pars will become operational by the end of month of Azar (December 21) and it is expected that by early spring this year some 60 to 65 million cubic meters of gas will be injected from this phase to the nationwide pipeline on daily basis.

With the full operation of phase 12 of South Pars 81 million cubic meters of sweet gas, 120 thousand barrels of gas condensate and also 750 thousand tons of sulfur will be added to the production capacity of the country, Shabanpour said.

He further remarked that with the completion of phase 12 and utilization of phases 15, 16, 17 and 18 of South Pars the amount of exploitation by the end of the current year will reach 17 billion cubic feet.

However, he added, currently concentration of the Oil Ministry is on exploitation of 12, 15, 16, 17 and 18 phases, adding that parallel with development of the five phases other phases of South Pars will be developed as well.

By IRNA

 

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