Iran has brought two more operations online in its biggest South Pars gas field in Asaluyeh, the Phases 15 and 16, at a total cost of $6b, reported Press TV. The new phases of the field are to produce 56.6mcm/d of sweet gas, according to Tasnim News Agency.
These parts of the Iranian project were completed by the Khatam al-Anbia Construction Base company and were the first of their kind to be implemented through local efforts, as the country was left restricted and isolated under the sanction regime over its nuclear program. Petroleum Minister, Bijan Zangeneh, who attended the inauguration ceremony with President Hassan Rouhani, reflected on the prospective lifting of sanctions based on the July 2015 nuclear deal. He said that if the sanctions were lifted in the coming few days, as he expected, the “development of joint fields will be carried out with better access to equipment.”
The South Pars gas field is an offshore field lying between Iran and Qatar, with the Iranian section’s estimated capacity of 14tcm of gas and 18b barrels of condensates.