Gas

The gas compressors cost more than $420 million and will help IGAT-8 to go on stream by the end of the current fiscal that ends on March 20.

The pipeline is designed to help Pakistan meet its growing energy need.

Philippine energy officials believe that Iran can provide their power plants with the much-needed LNG as it has the world'.s largest gas field.

The National Iranian Oil Company is expected to announce its decision on India'.s proposal soon.

Phase 19 of Iran’s South Pars Gas Field has so far produced nearly 5.5 billion cubic meters of natural gas.

Kish gas field is located off Kish Island in the Persian Gulf.

An Iranian company has also voiced interest to fund the development of Kish gas field.

South Pars'. sulfur output in the last 11 months was 472.000 tons. which is expected to rise in the near future.

Iran hopes to increase output to 55.000-60.000 barrels per day in the second phase of production from the South Pars crude oil layer.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.