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South Pars output to exceed forecasts

29 Nov 2014 - 14:23


TEHRAN Nov 29 (Shana)--Phases 15&16 of South Pars gas field are expected to produce more than 40 mcm/d forecast earlier, managing-director of Pars Oil and Gas Company said.
Ali-Akbar Shabanpour said this volume of gas production is being achieved before the start of winter.
Phases 15&16 of South Pars are being developed to produce 56.6 mcm/d of natural gas, 75,000 b/d of gas condensate, 400 tons a day of sulfur, 1.05 mt/year of liquefied petroleum gas and 1 mt/year of ethane for petrochemical plants.
A consortium comprised of Iranian companies led by Arya Naft Shahab is developing these phases.
South Pars, which Iran shares with Qatar in the Persian Gulf, is supplying 72% of Iranís daily gas needs.

By SHANA

 

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Story Code: 133177

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