The full development of the phases will also add 425 mcm/d of sweet gas and 710,000 b/d of gas condensate to the country's output.
Most of Iran's gas output comes from the joint South Pars gas field in Persian Gulf waters.
South Pars contains 40 trillion cubic meters (tcm) of natural gas. It covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatar’s territorial waters.
The gas field is estimated to contain about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.
The main phase of South Pars gas field came on-stream in March, increasing Iran’s gas production by 100 mcm/d.
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