Iran to Increase Daily Gas Production by 12.5 mcm

TEHRAN (Tasnim) - An Iranian energy official announced that inauguration of phases 15 and 16 of the country’s South Pars gas field will increase Iran’s daily gas output by more than 12 million cubic meters.

Iran to Increase Daily Gas Production by 12.5 mcm

Managing Director of Pars Oil and Gas Company (POGC) Mohammad Reza Zahiri told Tasnim today that Iran’s sweet gas production capacity will increase by 12.5 million cubic meters (mcm) per day after the inauguration of two new phases in the giant offshore gas field.

On Wednesday, Iran’s President Mahmoud Ahmadinejad inaugurated refineries of phases 15 and 16 of South Pars gas field.

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 projects' 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.

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