Tag Archives: Gas Field

The latest sanctions have had no effect on ongoing talks between NPC and international petrochemical giants to attract investme

.Iran'.s gas production has soared to 840 million cubic meters per day from a total of 490 mcm/d in mid-2013

.Iran'.s production of natural gas from the supergiant South Pars Gas Field stands at 480 mcm/d

.Iran has so far pumped 72.95 billion barrels of crude oil from its reserves with an average recovery rate of 24.65%

.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11

The French company has already started its operations in development project of phase 11 of Iran’s South Pars oil and gas field

.The agreement on development of phase 11 of South Pars Gas Field is valued at 4.8 million dollars

.Iran is the world’s third largest producer of gas

Gas recovery from phases 6 to 8 of the supergiant South Pars Gas Field has reached 83 million cubic meters per day.

South Korea is a key importer of Iran’s condensate.