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Major projects inaugurated in Iranian South Pars

The huge South Pars field covers an area of 9,700 sq. km, 3,700 sq. km of which are in Iran’s territorial waters. The remaining 6,000 sq. km, called North Dome, are situated in Qatar’s territorial waters.

Major projects inaugurated in Iranian South Pars

Teheran, August 5 - Neftegaz.RU. With the completion of all 37 offshore platforms of Iran’s giant South Pars gas field, which the country shares with Qatar in the Persian Gulf, the offshore sector of the field was officially inaugurated by President Hassan Rouhani, Oil Minister Bijan Zanganeh and POGC Managing Director Mohammad Meshkinfam.

For the development of the South Pars field which is currently divided into 27 phases, 37 offshore platforms were constructed, installed and went operational, these platforms are connected to onshore refineries through 3,200 km of 32-inch seabed pipelines.

Speaking at the inauguration ceremony, B. Zanganeh noted:
  • The most important thing that needs to be done in South Pars from now on, is to prevent the pressure drop and to maintain the current production levels
  • in this regard, we need $25 to 30 billion of investment, part of which has already been attracted
  • for example, a contract has been signed with Oil Turbo Compressor Construction Company to build suitable compressors to increase pressure at sea and on land
He mentioned South Pars as the most important national development plan of Iran in the last 100 years and said:
  • The 1st contract for the development of the South Pars gas field was signed in September 1997 and by mid-2005, 10 phases of South Pars had been put into operation
  • With the increase of gas production from South Pars and other gas fields, we reached the daily production record of 1 billion m3
  • This year 40 million m3 of new capacity will be added to the field’s total output.
The South Pars field is estimated to contain a significant amount of natural gas, accounting for about 8% of the world’s reserves, and approximately 18 billion barrels of condensate.

The development of the South Pars field started in 1998 and 29 different phases were defined for the project along with a separate oil block.
The field, however, is currently divided into 27 standard offshore phases, the output of which is processed by 14 gas refineries on land.

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