Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020.
Addressing the opening ceremony of the 5th Oil and Power Congress in Tehran on Tuesday, Zangeneh said that South Pars Phase 11 development plan would be launched by the end of the current Iranian calendar year to March 20, 2020.
He further said that phase 14 of the field would come on stream by 2021, adding, “We have made great progress in South Pars gas field.”
“We had initially intended to exploit the technology of building pressure booster platforms in Phase 11 with Total in the project which unfortunately failed as Total and CNPCI pulled out of the project because of the imposition of sanctions. They did so in a friendly manner and we did not have disputes with them in this regard. The sanctions created an atmosphere in which they could not and did not want to stay in the contract. They thought they could not continue the work and left the project anyway.”
By the end of this calendar year, 70 mcm/d of sweet gas will be added to South Pars daily output, he added.
Gas production at one of the platforms of the giant South Pars Gas Field off the Persian Gulf, which had been damaged, has been fully repaired, the operations manager of Pars Oil and Gas Company said.
Afire in a canal carrying waste from the Abadan Oil Refinery was doused without fatalities on Sunday.
Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the South Pars Oil Layer (SPOL), however no results have been obtained so far.
The first phase development project of Azar Oilfield will be complete with 65,000 b/d of crude oil production capacity.
Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field, Oil Minister Bijan Namdar Zanganeh announced on Sunday.
Ecuador said Tuesday it will leave the Organization of Petroleum Exporting Countries in January.