Iran Increases Production in Phases 2. 3 of South Pars Gas Field

The phases 2 and 3 of the South Pars are producing their products with their highest power using internal capabilities.` Manager of the second refinery of South Pars Mehdi Gerami Shirazi told FNA.

He added that at present 60mln cubic meters of sweet gas is being produced in phases 2 and 3 of the South Pars.

`At present. the second refinery also has the capability to produce 370 tons of sulfur and 72.000 barrels of gas condensates daily.` Gerami Shirazi said.

The South Pars gas field. divided into 28 phases. is located in the Persian Gulf on the common border between Iran and Qatar. The field is estimated to hold 14 trillion cubic meters of gas as well as 18 billion barrels of condensates.

The field covers an area of 9.700 square kilometers. 3.700 square kilometers of which lie in Iran`s territorial waters in the Persian Gulf. The remaining 6.000 square kilometers. better known as the North Dome. are located in Qatar`s territorial waters.

Iranian Oil Minister Bijan Namdar Zangeneh said in March that his country was aiming to triple petrochemical production to 92 million metric tons per year by 2021.

Namdar Zangeneh said. during the ceremony to officially launch phases 13 and 22-24 of the South Pars Gas Field that the country’s petrochemical production capacity would reach 92 million metric tons per year by 2021.

Zangeneh said Iran’s petrochemical production capacity stood at 27 million tons in 2013 and now is 31 mt y. The figure would reach 92 mt y by 2021. he added.

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