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Iran has considerably increased its exports of gas condensates from the South Pars field over the past year. a senior customs official said.
`A total of 18.812 million tons of gas condensates has been exported from South Pars over past 12 month. showing a 31 percent rise in weight as compared to the year before.` Customs Director of Pars Special Energy Economic Zone (PSEEZ) Ahmad Pourheidar said.
The South Pars field is a natural-gas condensate field located in the Persian Gulf. It is by far the world`s largest natural gas field. Iran and Qatar jointly own the gas field with the former possessing 3.700 square kilometers of the overall 9.700 square kilometers.
The reservoir contains 14 trillion cubic meters of gas as well as 18 billion barrels of gas condensate counting for eight percent of the total gas available in the world as well as half of Iran’s gas reserves.
Volume of Iran’s gas recovery from South Pars stood at 285 million cubic meters in 2013 while the figure has climbed to 540 million cubic meters thanks to implementation of 11 new phases.
