Iran`s natural gas production from the supergiant South Pars Gas Field has risen 20% in the first 9 months of the current calendar year (started March 20) from a year ago. said Masoud Hassani. Managing Director of South Pars Gas Complex.
He said SPGC revenues have increased by 5.6 billion dollars from the offshore fields during the 9 months from the same period last year.
SPGC supplies 63.7% of Iran`s total gas output. Once fully productive. the field will be supplying over 80% of Iran`s gas output by 2018. Hassani added.
SPGC is planning to supply 850 million cubic meters of natural gas. 720 mcm of sweet gas. 4 mcm of sour gas and 2.500 tons of sulfur by mid-2018.
Iran expects to increase gas production from South Pars to 540 mcm/d by the end of the calendar year. Iran shares South Pars with Qatar in Persian Gulf waters.
Tags Asia Bushehr Gas Field International International News Agency Iran Iran Refining Co. Iranian Ministry of Petroleum Masoud Hassani National Iranian Gas Co. (NIGC) Natural Gas Offshore Persian Gulf Persian Gulf Countries Production Qatar South Pars North Dome Gas-Condensate Field South Pars Gas Complex Co. (SPGC)
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