South Pars
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NIOC signs contracts with domestic companies to drill 35 South Pars infill gas wells
SHANA (Tehran) – The National Iranian Oil Company signed four contracts with domestic companies to drill 35 infill wells in the South Pars gas field, said the NIOC managing director on Monday.
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SP Phase 14 refinery inauguration
SHANA (Tehran) – The South Pars (SP) Phase 14 refinery, the 13th and last onshore refinery of the giant gas field, southern Iran, has become operational.
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South Pars gas field production capacity to top 730 mcm/d next winter: POGC CEO
SHANA (Tehran) – The Pars Oil and Gas Company (POGC) managing director said Iran’s gas production capacity in the South Pars field will exceed 730 million cubic meters per day (mcm/d) next winter.
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3,200-ton platform relocation, installation at SP Phase 11 a great engineering feat for Iran
SHANA (Assaluyeh) – The relocation of a 3,200-ton platform installed at Phase 11 of the South Pars gas field by Iranian experts has been described as “unparalleled” in the Persian Gulf region in terms of execution and complexity. The development project of Phase 11 in the southernmost and farthest border section of the gas field languished in partial completion by foreign companies, namely France’s TotalEnergies, for over 20 years has been implemented by domestic engineers and inaugurated by President Seyyed Ebrahim Raeisi.
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Official inauguration of Phase 11 of joint South Pars gas field
SHANA (Assaluyeh) – Iran’s President Seyyed Ebrahim Raeisi, Oil Minister Javad Owji, and a number of officials attend a ceremony to start production at Phase 11 of the South Pars gas field shared with Qatar in the Persian Gulf on August 28, 2023.
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Iran’s executive managers visit South Pars installations
SHANA (Assaluyeh) – A number of executive managers pay a visit to the installations of the giant South Pars gas field in Bushehr Province, southern Iran, on August 3, 2023.
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PSEEZ head: Projects worth over $21b underway in South Pars zone
SHANA (Tehran) – The Pars Special Economic Energy Zone (PSEEZ) managing director on Thursday said 27 projects worth more than $21 billion are in progress in the South Pars field, southern Iran.
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Signing ceremony of MoU for boosting ethane extraction from nine SP refineries
TEHRAN (Shana) – The signing ceremony of a memorandum of understanding for increasing ethane extraction from nine refineries in the South Pars (SP) gas field is held in the presence of Iran’s Oil Minister Javad Owji and Head of the Executive Headquarters of Imam's Directive Aref Norouzi in Tehran on July 3, 2023.
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Owji: Ethane extraction from South Pars field to yield up to $300m profit annually
SHANA (Tehran) – Iran’s oil minister on Monday said ethane extraction from nine refineries in South Pars (SP) gas field will generate a $250-$300 million profit per annum.
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Official ceremony of South Pars Phase 11 platform transportation, installation
SHANA (Tehran) – The official ceremony of transportation and installation of the South Pars Phase 11 platform in the Persian Gulf is held in the Iranian capital Tehran on June 28, 2023.
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Oil minister: SP Phase 11 to generate up to $5b revenue per annum
SHANA (Tehran) – Phase 11 of Iran’s South Pars (SP) gas field will yield four to five billion dollars annually, said Oil Minister Javad Owji on Wednesday.
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South Pars Phase 11 platform installed
SHANA (Tehran) – The first platform of Phase 11 of Iran’s South Pars (SP) gas field is installed in the Persian Gulf on June 28, 2023.
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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.
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Iran’s South Pars Phase 11 platform installed; gas production to start soon
SHANA (Tehran) – The platform of Iran’s South Pars (SP) Phase 11 was installed in the Persian Gulf on Wednesday.
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Gas compression at South Pars
South Pars giant offshore gas field is largely expected to experience pressure fall-off within five years. Should no action be taken the field, which Iran shares with Qatar, would see its output drop 25 mcm/y. As a preventive measure, Iran’s Petroleum Ministry has adopted various methods like regular planning to drill new wells, acidizing existing wells and designing gas compression platforms with a view to maintaining pressure in the South Pars reservoir. In parallel, National Iranian Oil Company (NIOC) is planning studies on onshore and offshore platforms as a preventive measure.
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Eighth Refinery of SPGF phases 20-21
SHANA (Tehran) – The Eighth Refinery of South Pars Gas Field (SPGF) phases 20-21 located 270km off southeastern Bushehr, a port city is southern Iran, is developed by Pars Oil and Gas Company (POGC). The main contractor of the refinery project is a consortium consisting of Oil Industries Engineering and Construction Company (OIEC) Iranian Offshore Engineering and Construction Company (IOEC).
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CEO: Annual South Pars LPG production up 42%
SHANA (Tehran) – The managing director of the South Pars Gas Complex (SPGC) on Monday announced a 42 percent increase in the annual production of liquefied petroleum gas (LPG).
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West African delegation visits Pars Special Economic Energy Zone
TEHRAN (Shana) – A high-ranking trade delegation from West Africa paid a visit to Pars Special Economic Energy Zone (PSEEZ).
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South Pars Gas Output at 705mcm/d
TEHRAN (Shana) -- Gas recovery from the giant South Pars offshore gas field, which Iran shares with Qatar, has reached 705 mcm/d. Minister of Petroleum Javad Owji has said natural gas consumption by domestic and business sectors has increased 60 mcm/d year-on-year. A review of Iran’s gas consumption through the 1986-2016 period indicates a 10% growth in gas consumption, which requires renewed production to head off any shortages in cold months. That is why efforts are under way to reverse the upward trend in gas consumption.
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Iran to Boost LPG, Propane, Butane Exports in South Pars
TEHRAN (Shana) -- The engineering director of the South Pars Gas Complex stated that the preparations for equipping the LPG export jetty for the National Iranian Gas Company (NIGC) in South Pars have been put on the agenda, adding that with its completion, the export of liquified petroleum gas (LPG), propane and butane in this complex will accelerate.
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PSEEZ Accounting for 1/3 of Iran Hard Currency Generation
TEHRAN (Shana) -- The CEO of the Pars Special Economic Energy Zone (PSEEZ) stated that more than one-third of the country's hard currency income is provided by the Zone, and said: “More than $11 billion was exported from this region in the first 10 months of the current Iranian calendar year which began on March 21, which has increased by about 50% compared to the same period last year.
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South Pars Output hits 2mt in 10 Months
TEHRAN (Shana) – The CEO of South Pars Gas Complex announced that since the beginning of the current Iranian calendar year which began on March 21, more than 165.32 billion cubic meters of gas has been produced in South Pars joint gas field.
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South Pars Phase-14 Refinery Online During Fajr Decade
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said South Pars Phase-14 refinery will be put into operation in the Fajr decade and will process 56 to 60 million cubic meters of gas daily.
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SP14 Refinery Close to Operation
TEHRAN (Shana) -- The refinery of Phase 14 of the giant offshore South Pars gas field is almost coming online. With the completion of this megaproject, which has been operated only by Iranians, all South Pars refineries would have become operational. The offshore section of this project came on-stream in 2019 with a current output of 56 mcm/d of rich gas. Over the past one year, three trains of gas sweetening have become operational at this refinery, which sets a record. The onshore section of this project has been invested $5.2 billion in.
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South Pars Condensate Output at 700kb/d
TEHRAN (Shana) -- The head of production coordination and supervision of South Pars Gas Complex (SPGC) said SPGC is currently producing over 700,000 barrels of gas condensate and exports 480,000 tons/year of sulfur to east Asia.
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Iran Annual Gas Consumption beyond 228 bcm
TEHRAN (Shana) -- The director of coordination of gas supply of National Iranian Gas Company (NIGC) said Iran’s annual gas consumption is over 228 billion cubic meters of which 70% is consumed in the industrial sector.
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SPGC Gas Production Fully Sustainable
TEHRAN (Shana) -- The CEO of South Pars Gas Complex said by taking effective and extensive measures and in order to maintain the stability of gas production, the power plant, substations and power lines of the complex are fully prepared for maintaining sustainable production.
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Iran Eyes 1.5 bcm/d Gas Output by 2030
TEHRAN (Shana) – The Deputy Petroleum Minister for Planning said according to the needs of the country, Iran must increase its gas production, and for this purpose, 80 billion dollars must be invested within the next eight years so that the daily production of gas will reach 1.5 billion cubic meters per day by 2030.
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South Pars Phase-19 Flaring Lowered Dramatically
TEHRAN (Shana) -- The director of the 10th Refinery of the South Pars Gas Complex said by carrying out repairs of critical equipment at the refinery, a stunning reduction in the gases sent to the flare stacks has happened in the refinery.
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PSEEZ More Welcoming to Foreign Firms than Ever
TEHRAN (Shana) -- Since 1998, Iran’s Petroleum Ministry has invested $81 billion in the upstream sector and $30 billion in the downstream sector of Pars Energy Special Economic Zone (PSEEZ). Now the CEO of the organization says that thanks to the bylaw recently signed off on by Minister of Petroleum Javad Owji, the conditions have dramatically improved for the presence of foreign companies through just registering their company in the Islamic Republic of Iran. This is while the Petroleum Ministry sticks to its policy of supporting domestic and foreign investors. The exclusive interview of “Iran Petroleum” with Sakhavat Asadi, the PSEEZ CEO, is as follows: