President Ahmadinejad Inaugurates South Pars Projects

President Ahmadinejad Inaugurates South Pars Projects

TEHRAN (Tasnim) – President Mahmoud Ahmadinejad inaugurated refineries of phases 15 and 16 of Iran’s South Pars gas field on Wednesday.

The planning, design, and construction of the 15th and 16th phases of South Pars were entirely carried out by Iranian engineers and technicians.

When fully completed, the project’s daily output will be 56 million cubic meters of natural gas, one million tons of ethane, 75,000 barrels of gas condensates, 400 tons of sulfur, and 1,050,000 tons of liquefied petroleum gas (LPG) -- all to be exported.

The South Pars gas field, whose development has been divided into 28 phases, is located in the Persian Gulf straddling the maritime border between Iran and Qatar. It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

The larger field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters (South Pars) in the Persian Gulf.

The remaining 6,000 square kilometers, referred to as the North Dome, are in Qatar's territorial waters.


Most Visited in Economy
Top Economy stories
Top Stories