Ali Kardor, managing director of the National Iranian Oil Company, said on 17 April that Iran has recovered over 1bn cubic m of natural gas from the South Pars Gas Field, as he addressed the ceremony to inaugurate five development phases of the gas field
Iran's President Hassan Rouhani inaugurated the new phases of development at the South Pars gas field . Local media has reported, according to the Economic Times, that this has come as a result of a US$20bn investment.
According to Offshore, phases 17 and 18 should deliver 50 MMcm/d (1.77 tcf/d) of gas, 80,000 b/d of gas condensate, and 400 tons/d of sulfur. Located 104 km offshore, the two phases include four platforms with 44 wells. Two 0.84 cm pipelines deliver the gas recovered from the phases to onshore refining facilities.
Phase 19 is developed for the production of 56 MMcm/d of sour gas to be transformed into 50 MMcm/d of sweet gas, 550 tons/d of ethane, 2,000 tons/d of propane, 1,200 tons/d of butane, 80,000 b/d of gas condensate and 400 tons/d of sulfur.
Phases 20 and 21 are planned to deliver 56.6 MMcm/d of rich natural gas, 75,000 b/d of natural gas condensate, 400 tons of sulfur, and annually 1.05 mn tonnes of LPG including propane and butane and 1 mn tonnes of ethane to be fed to petrochemical plants.
Addressing a ceremony to inaugurate the development phases of the gas field on 17 April 2017, Kardor said Qatar has recovered 1,771 bn cubic m of gas from the field in its own territories.
He said that the new development projects will bring Iran's revenues from it close to that of Qatar.
Mr. Kardor said Iran's recovery of gas from the field has nearly doubled from 2013, beginning of President Rouhani's first term.