Ali-Akbar Shabanpour said more than $7.3 billion has so far been spent on the Phase 12 development of the giant reservoir which Iran and Qatar are jointly operating.
He said that the phase is already generating $17 billion in revenue for the country through its gas and condensate although it has yet to become fully operational.
Shabanpour also said that four trains of phases 15&16 of South Pars are producing around 36 mcm/d of sweet gas.
The first train of phases 17&18 of South Pars is supplying 6 to 7 mcm/d of sweet gas, according to Shabanpour.
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