Iran to Inaugurate South Pars' Biggest Phase on Thursday

Iran will start up Phase 12, largest phase of South Pars gas field, on Thursday, Fars News reported.

Managing Director of South Pars Oil and Gas Company Ali Akbar Sha'banpour said that Phase 12 exploits three billion feet of sour gas from the seabed, equal to 84 million cubic meters, and after separating its gas derivatives, injects some 75 million cubic meters of sweet gas to the trans-Iranian gas pipeline network, Fars News reported.

He said that implementing the project took nine and a half years.

South Pars, divided into 29 development phases, is estimated to hold 40 tcm of natural gas and 50 billion barrels of condensate.  It covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatar’s territorial waters.