Iran to Launch Pars Field Development Phases

Iran to Launch Pars Field Development Phases

Iran plans to launch four new phases to develop the South Pars oilfield, Reuters reported.

The country did not provide any further information about when the new phases will be launched.

During February, the production of the oilfield was around 610 million cubic meters per day (mcm/d), according to the Iran’s Oil Minister Bijan Zanganeh who told state TV last month.

South Pars has a production capacity of around 110 mcm/d.

The field is shared between Iran and Qatar, but Iran’s daily gas production from the field now surpasses Qatar’s production.

Dina Elbehiry 642 Posts

Graduated from Faculty of Economics and Political Science- Cairo University.
Having an Economic background and currently working for Egypt Oil & Gas.


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