Gas Production in South Pars Almost Doubles
Iran has bettered Qatar in developing its share of the joint South Pars Gas Field over the past six years.
South Pars is the world’s largest gas field located on the joint border between Iran and Qatar in the Persian Gulf. Daily gas production on the Iranian side was 285 million cubic meters in 2013 and Qatar produced 566 mcm, ISNA reported.
Production in the Arab emirate has remained unchanged after six years but Iran is producing 570 mcm of gas.
Six years ago, the number of wells operating in the common South Pars field was 110 in Iran and 401 in Qatar. Iran has increased the number to 252 wells while the Arab neighbor has not done so.
The field is being developed in 24 phases in Iran. Domestic gas production capacity is over 800 mcm a day. Supplies from South Pars make up nearly two-thirds of the total.
Director of a project to drill wells at Phase 14 of the SP gas field said 100,000 meters have been drilled so far in the phase for completing 14 wells.
Hamidreza Shafiei Makvand said drilling operations are complete now, and when fully operational the phase will produce 56 million cubic meters of gas per day, 400 tons of sulfur, 2,800 tons of propane, 75,000 barrels of condensates and 2,550 tons of petrochemical feedstock.
source: Financial Tribune
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
