84% of South Pars Wells Connected to Production line

84% of South Pars Wells Connected to Production line

The CEO of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, announced that 336 wells out of total 400 wells, representing 84%, at South Pars filed are connected to the production line, a press release issued by National Iranian Oil Company (NIOC) stated.

He added that 37 platforms out of total 39 platforms are productive. “The rest of the wells will be completed with the arrival of CRA pipes,” Meshkinfam noted during a meeting with the Iranian Petroleum Minister, Javad Owji, at Pars Special Economic Energy Zone.

Also, POGC’s CEO elaborated that the remining two platforms are from Phase 11 and are waiting to come online. “We hope will be completed within the next 2 years,” he said. Meshkinfam stated that the amount of investment in South Pars Field has reached $80 billion over the past 20 years.

“There are 13 refineries in South Pars, of which eight refineries have been delivered on Site 2 and our refineries on Site 2 have been handed over to the operator and only the Phase 14 refinery remains to come online,” POGC’s CEO mentioned.

Moreover, he pointed to the launch of the first jetty of Tonbak Port as well as the export of three to four shipments form it. Meshkinfam said that “In total, about 70% of the country’s gas is supplied from South Pars and this gas field plays a major part in production of the country’s gasoline by feeding the Persian Gulf Star refinery.”

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