TEHRAN- Phases 13, 22, 23 and 24 of developing Iran’s South Pars gas field are anticipated to be officially inaugurated by the end of current Iranian calendar year (March 20, 2019), a deputy director in Pars Oil and Gas Company (POGC), which is in charge of developing the gas field, announced.

Reza Dehqan, the deputy director of POGC for development and engineering affairs, made the remarks while visiting the onshore refineries of phases 13, 14, 22-24 along with POGC Managing Director Mohammad Meshkinfam, POGC official website published.

Dehqan put the progress of phases 13, 22-24 at 94 percent and said given that the offshore platforms of these phases have been put into operation and also their refineries are ready, the phases are expected to be inaugurated by the yearend.

South Pars is divided into 24 standard phases of development in the first stage. Most of the phases are fully operational at the moment.

The huge field, which Iran shares with Qatar in the Persian Gulf, covers an area of 9,700 square kilometers, 3,700 square kilometers of which, called South Pars, are in Iran’s territorial waters. The remaining 6,000 square kilometers, called North Dome, are situated in Qatar’s territorial waters.

The field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.

MA/MA