Hassan Boveiri said the offshore section of the phases will finalize before the end of next winter, adding that the phases will reach their rated production capacity of 50mcm/d in less than 6 months.
As he said, the two phases have so far produced 4 bcm of gas while producing a million barrels of gas condensate per day. Besides, 60,000 tons of ethane has been recovered from the phases, he added.
Phases 17&18 are prioritized by the Iranian Ministry of Petroleum and their first gas sweetening train cam on-stream in 2014 and 3 other trains have so far come online.
The phase developments are 92% complete, said Boveiri, and an amount equal to 6.2 billion dollars has so far been invested for their developments.
Refineries of the phases are also 96% complete which will be able to process 56mcm/d of gas.
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