Iran is preparing to bring two new gas refineries that cover phases 13, 22, and 24 of the South Pars gas field online, Managing Director of South Pars Gas Company Hadi Hashemzadeh-Farhang told the Islamic Republic News Agency (IRNA).

South Pars currently feeds 10 refineries and produces 650,000 barrels of gas condensates, 10,000 tons of ethane, 10,000 tons of liquified petroleum gas (LPG), and 1,800 tons of sulfur a day.

Once phase 13 is operational, the field will produce a further daily 56.6 million cubic meters of rich gas, 75,000 barrels of gas condensates and 400 tons of sulfur, as well as an additional 1.05 million tons of LPG and one million tons of ethane annually.

South Pars, shared between Iran and Qatar, is estimated to contain around 8% of global gas reserves and 18 billion barrels of condensate. The field currently accounts for roughly 70% of Iran’s domestic gas consumption.