28 June 2023 - 13:35
  • News ID: 474899
Owji: President to inaugurate SP Phase 11

SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said Phase 11 of the South Pars (SP) gas field will become operational in the presence of President Seyyed Ebrahim Raeisi.

He made the announcement in his talks with reporters on the sidelines of the weekly cabinet meeting.

The installation operation of SP Phase 11 platform planned by National Iranian Oil Company (NIOC) and Pars Oil and Gas Company (POGC) started on Tuesday and was successfully completed on Wednesday in collaboration with Petropars Company and Iranian Offshore Engineering and Construction Company (IOEC) by using the Oceanic-5000 Crane Barge.

The 3,200-ton platform, the heaviest in the South Pars field, was moved and installed in an unprecedented operation by Iranian experts, and gas production from the strategic phase will start soon after over 20 years.

The contract of development of SP Phase 11 signed with foreign companies in 2000 was handed off, regretted Owji, recalling that several foreign companies, including France’s Total and CNPC International, a subsidiary of China National Petroleum Corporation (CNPC), did nothing important and the operation of the most important phase of the giant gas field at the zero border point stopped.

The Ministry of Petroleum under the 13th (Raeisi) administration, however, mobilized the oil industry and managed to install the huge platform of SP Phase 11, he continued.

Gas production from Phase 11 will amount to 10 to 15 million cubic meters per day (mcm/d) in the first stage, said the minister, adding the output will gradually reach 50 mcm/d.

News ID 474899

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