• Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%

EghtesadOnline: Pipelines connecting offshore platforms of the South Pars Gas Field's phases 6-8 in the Persian Gulf to the offshore refineries of phases 4-5 have gone on stream, adding 3 million cubic meters to the facilities' gas transfer capacity.

According to the Oil Ministry's news portal, Shana, upon its full implementation, the 1.7-kilometer pipeline will have the capacity of transferring 11 mcm per day.

The pipeline is being laid with the aim of supporting the offshore platforms of phases 4-5, utilizing the full potential of phases 6-8 and boosting gas sweetening capacity of phase 4-5 refineries. Pars Oil and Gas Company is implementing the project with the help of a domestic contractor. All the construction procedures are being conducted by Iranian experts. 

Gas output from the offshore platforms of phases 4-5 currently stands at 56 mcm/d. Once fully developed, each phase will produce 56 mcm/d of sour gas, Financial Tribune reported.

South Pars is the world’s largest gas field, shared between Iran and Qatar, covering an area of 3,700 square kilometers of Iran’s territorial waters in the Persian Gulf. 

The giant reservoir is being developed in 24 phases. Iran hopes to complete all South Pars phases by March 2019, which target officials say requires an investment of $20-30 billion.

Iran uses natural gas for heating purposes and as feedstock for thermal power stations that constitute more than 80% of its installed electricity generating capacity. It also injects gas into underground reservoirs to increase crude oil recovery.


South Pars South Pars Gas Field Gas Transfer Capacity