South Pars Gas Output to Rise by 90 mcm/d

Gas output from the giant South Pars field in the Persian Gulf is set to rise by 90 million cubic meters per day by the end of the present fiscal year in March, taking production closer to that of Qatar.

Financial Tribune - Gas output from the giant South Pars field in the Persian Gulf is set to rise by 90 million cubic meters per day by the end of the present fiscal year in March, taking production closer to that of Qatar.

Iran currently draws 480 mcm/d of gas from South Pars which it shares with Qatar, but "output from the joint field will reach 570 mcm/d by the (Iranian) yearend", Mohammad Meshkinfam, managing director of Pars Oil and Gas Company (POGC) said, Mehr News Agency reported on Monday.

According to latest reports, the tiny Arab neighbor is pumping 650-700 mcm/d from the joint field which is known as the North Dome in Qatar's territorial waters.

Officials have reiterated over the past year that Iran will catch up with Qatar's gas production in early 2017 as new South Pars phases come o stream.

Meshkinfam said that output will initially reach 540 mcm/d "in a few weeks" once two pipelines connecting the offshore platforms of phases 16 and 19 are back into operation. The pipelines reportedly have been damaged for hitherto unknown reasons.

Financial Tribune
Publish Date: Feb 14, 2017