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.
The feedstock supplied to the sixth refinery of the South Pars gas field will be increased by 42 percent by the next Iranian calendar year (begins on March 21, 2021), IRNA reported.
Iranian President Hassan Rouhani ordered start of the jacket installation in the Block-B reservoir of South Pars gas field ‘s phase 11 of development via video conference on Thursday, Shana reported.
The operator of phase 19 of Iran’s South Pars gas field said overhaul operations for the field’s 10th refinery, which processes the gas from phase 19, are going to be started on June 9, IRNA reported.
Managing Director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars gas field in the Persian Gulf, says the reserve can supply 75 percent of the country’s natural gas needs for the next 25 years if other fields in the Persian Gulf are developed as well.
Gas flaring at the Iranian South Pars gas field’s phases 17 and 18 of development has been reduced by 50 percent, according to the managing director of the field’s seventh refinery.
National Iranian Gas Company (NIGC) dispatching director says the transmission capacity of the national gas network has risen to one billion cubic meters per day (bcm/d), IRNA reported on Friday.