Iranian Oil Minister Bijan Namdar Zanganeh announced that his country has overtaken Qatar in extraction of gas from the shared South Pars gas field.
`Iran`s daily production of gas from the South Pars field in the (Iranian) month of Dey (December 22-January 20) increased 83mln cubic meters compared with the same period last year and reached 553mln cubic meters.` Namdar Zanganeh said in an interview with the state TV on Saturday night.
`We inaugurated 6 phases of South Pars field in the month of Farvardin (March 21-April 20. 2017) whose sweet gas output amounted to 150mln cubic meters a day and for the first time. our production (of gas) from the South Pars outpaced Qatar and this was a great job done.` he added.
Managing Director of Pars Oil and Gas Company (POGC) Ali Akbar Shabanpour had announced last August that Iran is doing its best to overtake Qatar in extraction of gas from the shared South Pars gas field.
`Our company is endeavoring to raise output from the joint gas field with Qatar by pumping 530 million cubic meters daily from next spring (March 2017).` Shabanpour said.
He pointed to coming to stream of five new phases of South Pars gas field. and said. `Iran`s gas production output from the joint field with Qatar will increase by 100 million cubic meters in the near future.`