South Pars output to exceed forecasts

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 Iran’s daily gas needs.



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