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Iran Gas Production in South Pars Phase 11 Postponed

  • December, 15, 2020 - 13:52
  • Economy news
Iran Gas Production in South Pars Phase 11 Postponed

TEHRAN (Tasnim) – Extracting gas from the 11th phase of the South Pars field in Iran would begin no sooner than October 2021, namely under the next administration, an official said.

Economy

In comments on the sidelines of launch of drilling work on the first well at Phase 11 of the South Pars gas field on Monday, National Iranian Oil Company official Reza Dehqan said production of gas in the new phase is planned to begin in the second half of the next Iranian year (October 2021).

The first extraction platform in Phase 11 will be installed during the first half of next year, he added.

Of the 24 wells to be drilled in the Phase 11 of South Pars, five or six ones will be producing gas in late 2021.

While the oil minister had pledged that his ministry will start gas production at Phase 11 during President Hassan Rouhani’s tenure, the extraction will practically begin under the next government, which will take power in summer 2021.

 
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