26 Apr 2024
Saturday 10 May 2014 - 15:17
Story Code : 95263

Irans South Pars phases to be completed by 2017: Official

Irans South Pars phases to be completed by 2017: Official
[caption id="attachment_95268" align="alignright" width="281"] A view of facilities at Irans South Pars gas field (file photo)[/caption]
All phases of Irans giant South Pars natural gas field will be completed by early 2017, an Iranian energy official says.
Managing Director of National Iranian Oil Company (NIOC) Rokneddin Javadi told reporters on Friday that by the Iranian calendar year 1396 (starting March 21, 2017), all phases of South Pars will be completed 100 percent.

On April 6, Iranian Oil Minister Bijan Namdar Zanganeh said the production capacity of South Pars gas field would increase by 100 million cubic meters per day during the current Persian calendar year (started March 21, 2014).

He added that the majority of the units related to the prioritized phases of South Pars, including phases 12, 15, 16, 17 and 18, would start production this year.

South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Irans territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatars territorial waters.

By Press TV

 

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