South Pars
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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:
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4 Gas Condensate Tankers Berthed Simultaneously in South Pars
TEHRAN (Shana) -- The CEO of the Iranian Oil Terminals Company (IOTC) announced the docking of four oil tankers in South Pars at the same time, and said: “This operation was successfully carried out for the first time in order to prevent the disruption of gas flow to the country, especially in the cold season of the year.”
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Iran Gas Output from South Pars Hits 0.7bcm/d
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters.
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Iran Eyes 0.5 bcm Gas Output Growth by 2029
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the company's plan to increase the country’s gas production capacity by 500 million cubic meters per day (mcm/d) by 2029.
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South Pars Phase 11 Project Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said the gas from South Pars Phase 11 Project would come online in February.
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Gas Production Accelerated in South Pars
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced that with the introduction of the cold snap in the country and the decrease in temperature and the consequent increase in consumption in the domestic and commercial sectors, the 13 refineries of South Pars have put the mission of maximum gas production on their agenda.
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South Pars Refineries Supplying 570 mcm/d Gas
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced the daily production of 570 million cubic meters of gas in the thirteen refineries of the country's largest gas compound, and said: "This complex supplies 75% of the country's gas needs with the savvy and expertise of local specialists and hardworking employees."
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2,000 bcm of Gas Processed in South Pars Refineries
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced that since the establishment of the complex, more than 2,300 billion cubic meters of natural gas have been processed in South Pars refineries.
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South Pars Complexes Closing Ranks to Boost Output
TEHRAN (Shana) -- The CEO of the Pars Special Energy Economic Zone Organization said the cooperation of three key South Pars complexes (Special Zone Organization, South Pars Gas Complex and Pars Oil and Gas Company) on the production path and by-products has been smoothed out.
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Spell of Phase 11 Gas Production to Be Broken in Winter
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced that the spell of gas production from South Pars phase 11 development project will be broken this winter after 20 years of exchanging contracts on paper.
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IOEC Completes 1st stage of South Pars Phase 16 Pipe Laying
TEHRAN (Shana) -- Specialists of the Iranian Offshore Engineering and Construction Company (IOEC) successfully completed the shore pull operation of the new 32-inch pipeline of phase 16 of South Pars gas field.
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Offshore Pipe Laying Operation at 1st Phase 11 Platform Complete
TEHRAN (Shana) -- The offshore pipe laying operation of the gas transmission line of the first platform of Phase 11 of South Pars gas field has been completed in the Persian Gulf.
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Iran Gas Output to Jump 150mcm/d with Russian Support
TEHRAN (Shana) – A senior official with the National Iranian Oil Company (NIOC) says Iran’s natural gas production capacity would see a 150-mcm/d rise with the development of Kish and North Pars gas fields which have been covered in a recent memorandum of understanding between NIOC and Russia’s Gazprom.
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South Pars 5th Refinery Supplies 6 mb of Gas Condensate in Q1
TEHRAN (Shana) -- The director of the fifth refinery of South Pars Gas Complex said the plant supplied 6 million barrels of gas condensate in the first 3 months of the current calendar year, which began on March 21.
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Iran, Cuba Stress Expanding Energy Ties
TEHRAN (Shana) -- The CEO of the Pars Special Zone Organization and the Ambassador of the Republic of Cuba to Iran emphasized expansion of cooperation between the two countries in the energy sector.