4 October 2015 - 12:21
  • News ID: 247837
South Pars 2nd Refinery Q1 Output Above 5.4 bcm

TEHRAN Oct. 4 (Shana) – The second refinery at the South Pars Gas Complex produced some 5.429 billion cubic meters of gas during the first quarter of the current year (March 21-June 22) while pumping less torch oil to be burned at the complex.

“There was 8.7 percent less gas burned compared to the corresponding period last year and a 34.5 percent reduction compared to the designing conditions,” said Mehdi Gerami, in charge of the refinery’s management.

“The consumption of feeding gas has been also lowered for 4 percent because of due planning on operating the equipment in the refinery,” he added.

The South Pars gas field is one of the largest gas reservoirs in the world lying on the territorial border between Iran and Qatar in the Persian Gulf. 

It covers an area of 9,700 square kilometers, of which 3700 square kilometers belongs to Iran. The Iranian portion is estimated to contain some 14 TCM of gas reserves and some 18 bn bl of gas condensates. This amounts to roughly 7.5 % of the world gas reserves and approximately half of the Iran’s gas reserves.

Some projects are underway for development of 24 phases to produce 790 million cubic meters of gas per day. South Pars gas field development shall meet the growing demands of natural gas, injection into oil fields, gas and condensate export as feedstock for petrochemical industries.

As a result, Asalouyeh and Tombak ports, some 270 and 220 kilometers south east of Bushehr respectively, have been selected as locations for the construction of onshore installations of the phased development of the field.

Considering the fact that the area lies on the border of Bushehr and Hormozgan provinces on the central northern rim of the Persian Gulf shoreline and that it is the nearest point to the South Pars gas field, it is of a special strategic significance which can attract and retain capital investments.
News ID 247837

Your Comment

You are replying to: .
0 + 0 =