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3 Gas Processing Plants Coming Online Next Year

Source: Shana 3/12/2012, Location: Asia

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Three gas-processing plants will come online in Assaluyeh (onshore installations of the South Pars gas field) in next Iranian year beginning 20th March 2012.

In an interview with Shana, Managing director of Pars Oil and Gas Company (POGC) made the above remarks adding the refineries will process the gas produced by five South Pars phases.

ĎNext iranian calendar year will be one of the most brilliant years in Iranís oil industry historyí, POGCís managing director, Mousa Souri said.

ĎThe three gas processing plants will process the gas produced in South Pars gas fieldís phases 12, 15, 16, 17 and 18í, according to Souri remarks.

The official went on to say that offshore sectors of these five phases would be coming online as of the beginning of the second half of next Iranian year step by step.

Referring to the phase 12 progresses, which alone will yield gas equivalent to three standard phases, POGCís managing director noted that early production from the phase would start next year by exploitation from 12 wells drilled in the phase.

Stressing on growing capabilities of local manufacturers, Souri said in early years of the Islamic Revolution victory in 1979 just 15 to 20 percent of oil industry needs produced domestically while the figure hits 70 percent these days adding Iranian experts are involved in managerial issues including in engineering, designing and construction.

Alluding to presence of domestic contactors in development of South Pars gas field phases, the official said: Chinese companies are engaged in development of 11 phases based on buyback contracts while domestic contractors and consultants are responsible for development of other phases.

Upon completion 24 phases of South Pars gas field will yield 29 billion cubic feet of gas per day of which three phasesí gases are being allocated for injection to oil wells, 2 billion cubic feet will be converted to LNG and the remainder will be injected to national gas grid.

Late last year development contracts of the South Pars gas field phases 13, 14, 19, 22, 23 and 24, worth 21 million dollars, were signed with domestic contractors with the aim of rising gas production from South Pars gas field by 250 million cubic meters per day during a 35 month period.

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