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    Gas Output at South Pars to Hit Record in June

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Summary

Gas output from Iran’s South Pars gas field will see record in late May or June as production at phase 12, the main phase, will rise to 25 million cubic meters per day (mcm/d).

by: shardul

Posted in:

Asia/Oceania

Gas Output at South Pars to Hit Record in June

Gas output from Iran’s South Pars gas field will see record in late May or June as production at phase 12, the main phase, will rise to 25 million cubic meters per day (mcm/d).

The new record of gas output in the phase 12 is expected to happen after a gas desalting unit starts work late in May or early June, says Fars News Agency.

At present, phase 12 is producing 12 mcm/d of gas and all wells of this phase are ready to start gas production, adds Fars News.

According to the news agency, phase 12 of South Pars gas field is developed to produce 75 mcm/d of gas for feeding national pipeline (50 mcm/d) and liquefied natural gas (LNG) production units.

Speaking to Fars News Agency, country’s oil minister said, "Phase 12 is one of the important and big phases of the South Pars and its completion is important."

The Iranian oil minister noted that the government has invested over $6.9 bln in phase 12.

South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. The field is estimated to hold 14 trillion cubic meters of gas as well as 18 billion barrels of condensates.