Tag Archives: Pipeline

Iran is firm in its self-proclaimed mission to reach pre-sanction levels of oil output and exports.

The work on IP project could not be initiated due to international sanctions on Iran.

Phase 19 is one of the few South Pars phases designed with advanced equipment for curbing associated petroleum gases that are burned off in flares.

Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.

According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.

Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.

Iran is planning to connect its strategic port Chabahar with IGAT- 7.

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 huge Kirkuk oil field can pump around 150.000 barrels per day.

Five new South Pars phases could come on stream in late March or early April by the Iranian President.