Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
The first offshore platform of South Pars Gas Field`s Phase 14 in the Persian Gulf will come on stream by late May. the director of the phase said on Sunday.
`The drilling of seven wells at Platform 14A has been completed and the installation of offshore pipelines and their linkup with refineries will be in place soon.` Hamidreza Masoudi was quoted as saying by Shana.
According to the official. the platform will have the capacity to extract 500 million cubic feet (14.2 million cubic meters) of natural gas per day.
Platform 14A. which weighs 2.500 tons. was installed with the help of domestic Oceanic 5000 crane ship in January.
Masoudi noted that as soon as the hook-up operations are completed. sour gas extracted from Phase 14 will be transferred to South Pars 2 refineries before being injected into the Iran Gas Trunkline.
The official added that the mega project has registered a work-in -progress rate of 80%.
`Drilling operations for eight wells of the satellite Platform 14C are underway and the platform is planned to become operational by the end of summer.` he said.
Platform 14B. under construction at Iran Shipbuilding and Offshore Industries Company`s yard in Bandar Abbas in southern Iran. is near completion.
Masoudi also said the construction of offshore platforms is 91.5% complete and 90% of pipelines for transferring gas from offshore platforms to the onshore facilities have been laid.
`Drilling activities and refineries have registered an 80% and 75.5% progress respectively. Therefore. the initial stage of Phase 14 implementation will be completed by the summer-end with a total extraction capacity of 1 billion cubic feet per day (28.2 mcm d).` he said.
According to the official. satellite platforms of the phase (14C and 14D) will be connected to the main platforms (14A and 14B) with the help of two 18-inch pipelines.
Masoudi noted that the contractors have laid close to 230 kilometers of subsea pipelines.
`Phase 14 is expected to become fully operational by the end of the current fiscal [ending March 2019].` he said.
The phase is slated to produce 56 million cubic meters of gas and 75.000 barrels of gas condensates per year to meet domestic gas demand and supply feedstock to petrochemical units in the Pars Special Energy Economic Zone in the southern Bushehr Province.
The phase is also expected to annually produce more than 1 million tons of gas condensates. 1 million tons of ethane for petrochemical units and 400 tons of sulfur.
Valued at $5.25 billion. the phase`s development contract was signed between the National Iranian Oil Company and a consortium headed by the Industrial Development and Renovation Organization of Iran.
