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Three-Stage Targeting in South Pars Development Plan

Source: www.gulfoilandgas.com 10/22/2017, Location: Asia

Development and engineering deputy of National Iranian Oil Company (NIOC) announced three-stage targeting to complete the remaining phases of south pars by March 2019.

Based on lower-average rates, gas production from each of the south pars phases provides an income equivalent of five million dollars to country. Moreover, if savings resulted from non-consumption of liquid fuel at power plants are calculated,it will be 10 million dollars from each phase per day, Gholam Reza Manouchehri said.

To achieve the end, three-stage targeting is needed to implement the phases 13, 22 to 24. sour gas treatment operations of phases 6, 7, and 8 is required to be completed by the end of this winter which acts as not only backup facility but also accelerator in launching refineries.

Regarding to winter gas supply, the first row of each phase is required to be implemented by the next autumn which is significantly important with the arrival of cold season.

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