Posts Tagged “gas”

Iran’s export of gas condensate, petrochemicals at 39% growth

Iran’s export of gas condensate, petrochemicals at 39% growth

Over 35.7 million tons of products, valued at $17.3 billion, were exported from the country, showing a 6.4 percent decline and also a 22 percent hike in weight and value respectively.

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Iran’s South Pars field starts injecting gas condensates to Soroush field

Iran’s South Pars field starts injecting gas condensates to Soroush field

Iran started injecting gas condensates to Soroush field in its Persian Gulf waters from the South Pars joint field.

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Iran installs new gas platform in South Pars field

Iran installs new gas platform in South Pars field

Once the new platform D14 is ready to operate, the Phase 14 of South Pars filed will produce 50 million m3/day of sweet gas, 75,000 bpd of condensate, 400 tonnes/day of Sulfur and an annual amount of one million tonnes of LNG and Ethan.

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Iran’s South Pars gas output doubled in five years

Iran’s South Pars gas output doubled in five years

The output from the giant South Pars Gas Field in the Persian Gulf has been doubled in the past five years, the managing director of Pars Oil and Gas Company said. “Iran is now extracting around 600 million cubic meters per day of natural gas from the field, twice the amount five years ago,” Mohammad…

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Iran’s South Pars Gas Output Crosses 2.5m Barrels

Iran’s South Pars Gas Output Crosses 2.5m Barrels

Iran’s production of crude oil from the oil layer of the supergiant South Pars Gas Field (SPOL) has exceeded 2.5 million barrels. The country is planning to send the layer’s 5th oil consignment in the coming days, said Fardin Asadi, operator of SPOL’s development project. He said a 500,000-barrel crude oil consignment is being loaded…

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Iran signs $5b gas deal with Total+Photo-Video

Iran signs $5b gas deal with Total+Photo-Video

Iran signed a multibillion dollar deal on Monday with French oil giant Total and Chinese state oil company CNPC to further develop the country’s giant South Pars Gas Field in cooperation with Iran’s Petropars. The first major Western energy investment since sanctions against Tehran were lifted will cost up to $5 billion, with production expected…

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Iran’s NPC inks MoUs with four intl. firms

Iran’s NPC inks MoUs with four intl. firms

NPC Head Marzieh Shah-Daei said Memoranda of Understanding (MoUs) have been signed with four international companies following implementation of the Joint Comprehensive Plan of Action (JCPOA). Director of National Petrochemical Company (NPC) made the remarks on the sidelines of the 13th International Iran Petrochemical Forum (IPF 2017) on Saturday morning in Tehran. “The Iranian petchem…

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Iran inaugurates mega gas projects worth $20b+Photo

Iran inaugurates mega gas projects worth $20b+Photo

Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars Gas Field on Sunday which were completed at a cost of $20 billion, local media reported. The inauguration of phases 17-21 paves the way for Iran to overtake neighboring Qatar in production from the offshore gas field which it shares with Iran, Iranian…

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Report: Iran to turn into ME ethane giant

Report: Iran to turn into ME ethane giant

With implementation of new South Pars phases, Iran’s ethane output will double as the country will be able to rival US in producing the main feedstock for petrochemical industry. Ethane remains as one of the world’s most strategic gas products which marks the main feedstock for petrochemical industries in various countries. A boost in ethane…

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Iran Recovering 27mcm/d gas from South Pars-21

Iran Recovering 27mcm/d gas from South Pars-21

The operator of phases 20 and 21 of the super giant South Pars Gas Field says phase 21’s platform is currently recovering 27 million cubic meters of natural gas per day, saying the platform is faced with no restrictions in supplying gas to onshore refining facilities. Alireza Ebadi said one third of the gas recovered…

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