Tag Archives: Qatar

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

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

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

Iran is looking to raise production capacity from joint fields with Iraq by more than 10%.

The first FPSO is still en route to its operational location where it will become installed.

OPEC officials have repeatedly said the group does not target a specific oil price.

Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.

Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.

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.