Iran-Qatar Gas Field Out­put Up to 84m Cu­bic Me­ters

Iran News - - FRONT PAGE -

TEHRAN (Dis­patches) - The pro­duc­tion of the Ira­nian-Qatari South Pars gas field is planned to shoot up to 84 mil­lion cu­bic me­ters per day in months’ time, Iran’s Pars Oil and Gas Com­pany’s CEO Mishkin Fam said Sun­day.

“With the com­ple­tion of the first phase of the pro­duc­tion chain in phases 13, 14, 22, 23 and 24 of the South Pars field in the first half of the cur­rent year (be­gin­ning on March 21), three bil­lion cu­bic feet of gas (84 mil­lion cu­bic me­ters) will be added per day,” he was quoted by Fars news agency as say­ing.

He hoped that the com­pany would com­plete the sec­ond pro­duc­tion se­ries for de­vel­op­ment projects in the South Pars field by early next year.

Ten plat­forms for the stages 13 and 14, 22, 23 and 24 in the South Pars field are cur­rently under con­struc­tion, Fam added.

Since the de­vel­op­ment of the Pars gas field, $72 bil­lion’s worth of in­vest­ments have been in­jected, he said, ex­pect­ing this fig­ure to edge up to $87 bil­lion.

The Ira­nian-Qatari joint gas field, which cov­ers 9,700 square kilo­me­ters, pro­vides 70 per­cent of Tehran’s gas needs, ac­cord­ing to lo­cal re­ports.

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