19 August 2015 - 11:56
  • News ID: 245643

POGC Eyes 1st Phase 19 Refinery Train by Winter

POGC Eyes 1st Phase 19 Refinery Train by Winter

TEHRAN August 19(Shana)--Managing-director of Pars Oil and Gas Company (POGC) said the first refinery train of phase 19 development of the massive South Pars gas field will be operational by winter and will feed the national gas trunkline.

Ali-Akbar Shabanpour said the POGC has closed its ranks to complete the phase, adding that the gas recovered and refined from Phase 19 will be injected to the national trunklines. 

Furthermore, he said, Phases 15 &16 will also become fully operational by the end of the current calendar year to March 2016. 

He said Platform C of Phase 19 is prioritized to be completed by winter, adding pipelaying operations for the platform are finished and it is being prepared for pre-startup stage. 

Shabanpour also said that SPD2 platform will also be installed at the phase. 

Two refinery trains of the phase with offshore feedstock supply will come on-stream by the end of the year provided that the financing of the projects take place as planned, he said.

He also said two other refining trains belonging to phases 6 to 8 of the gas field are also planned to be constructed by the end of the year. The refineries will be fed by sour and dry gas from the phases. 

Once completed, Phase 19 will produce 56.6 million cubic meters of sour gas. 

Phase 19 development of South Pars is set to produce 50 mcm/d of sweet gas, 75,000 b/d of gas condensate, 400 tons a day of sulfur, 1.05 million tons a year of liquefied petroleum gas and one million tons a year of ethane.

This development phase was awarded by Pars Oil and Gas Company (POGC) to a Petropars-led consortium of Petropars Limited and Petropars Iran and Iranian Offshore Engineering and Construction Company (IOEC) in June 2010 under an engineering, procurement, construction (EPC) contract.

Petropars Limited and Petropars Iran are responsible for onshore installations and drilling operations.

South Pars, when fully developed, would be producing more than 800 mcm/d in three years.

Iran is incurring $100 million a day in losses for each day of delay in gas recovery from South Pars.
News ID 245643

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