Posts Tagged “South Pars”

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 started exporting gas condensate to Japan

Iran started exporting gas condensate to Japan

Iran started exporting condensate — a form of ultra light oil — from two newly launched phases of its giant South Pars Gas Field to Japan. Managing Director of National Iranian Oil Terminals Company (NIOTC) Pirouz Mousavi was quoted by Press TV as saying that the Japan-bound consignment contained 160,000 barrels of condensate from South…

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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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Petronas rivals Total, Shell in Iran

Petronas rivals Total, Shell in Iran

NIOC and Malaysia’s PETRONAS (Petroliam Nasional Berhad) will ink an MoU this week on development of Cheshmeh Khosh and South Azadegan oilfields. Following the inking of Memoranda of Understanding (MoUs) for conducting developmental studies in Azadegan oil field with France’s Total, Britain’s Royal Dutch Shell and Inpex Corporation of Japan, a cooperation agreement will be…

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The new record registered in the South Pars gas production

The new record registered in the South Pars gas production

Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said on Tuesday that South Pars gas output has risen by 140 million cubic meters marking a record output growth. Meshkinfam said that since its operation in 1377 (1998-99) until end of (March 19, 2016) the last Iranian year of 1394 (2015-16), South Pars…

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France Total to install SP Phase 11 pressure booster station

France Total to install SP Phase 11 pressure booster station

France’s Total will equip Phase 11 of South Pars Gas Field with a pressure booster station to regularly pump two billion cubic feet of gas per day for nearly 20 years as part of a deal between Tehran and the French energy giant. Oil Minister Bijan Namdar Zanganeh told Tasnim News Agency on Monday that…

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Iran’s new South Pars platform lunched

Iran’s new South Pars platform lunched

Iran has inaugurated a new platform at Phase 21 of South Pars Gas Field adding 28 million cubic meters per day (mcm/d) of gas to its production. “The production capacity of South Pars has reached 515 mcm/d,” said Alireza Ebadi, the head of South Pars phases 20 and 21 development project, Shana reported. The nominal…

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Report: Iran signs major gas deal with France’s Total

Report: Iran signs major gas deal with France’s Total

Iran signed a deal with France‘s Total on Tuesday to develop a major offshore gas field — its first big contract with a Western energy firm since sanctions were lifted in January. [Photo Report] Total will lead a consortium, which will also include China National Petroleum Corporation (CNPC) and Iran’s Petropars, to develop Phase 11…

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Iran, Total-led consortium sign $4.8 billion energy deal +Photo

Iran, Total-led consortium sign $4.8 billion energy deal +Photo

Iran and an international consortium led by the French energy giant Total SA has signed the agreement in principle to develop phase 11 of the giant South Pars gas field. The 4.8 billion-dollar deal signed under the Islamic Republic’s new oil-contract framework is the first major agreement reached between Tehran and foreign energy companies following…

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Iran sign a Gas deal with France’s Total

Iran sign a Gas deal with France’s Total

Iran will sign a deal with France‘s Total today for the development of gas production at a major offshore field in the Persian Gulf, the Iranian Oil Ministry said. The Heads of Agreement (HOA) for the development of Phase 11 of the important South Pars field is worth $6 billion (5.4 billion euros), a ministry…

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