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Date: Sunday, March 8, 2020
Iranian companies matured in south pars projects
TEHRAN – Iranian companies have matured during South Pars development projects.

They are currently doing well on $5 billion projects, managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, announced.

Speaking on the state TV, Meshkinfam noted that magnitude activities have been performed by Iranian companies so that 75 percent of the country’s consuming gas is currently being produced through South Pars gas field which is injected to national gas grid, public relations reported.

All existing offshore facilities, except phase 11, were completed as the latest platform, namely 13C, was installed. Phase 11 development is planned to start by drilling the first well soon, he said.

Referring to daily production of 650 million cubic meters (mcm) from South Pars gas field, managing director added up we hope we could increase the amount of production up to 670 mcm a day by the end of this Iranian calendar year (March 20, 2020).

The daily gas production capacity of each South Pars gas platform is 500 million cubic feet (equivalent to 14 million cubic meters of gas) and the average daily gas consumption of each Iranian household is 25 cubic meters. As a result, the total household gas consumption in winter comes from South Pars.

South Pars consists of 37 platforms in offshore sector and the 13C is the last platform installed in this joint field. In addition, two other platforms have been considered for phase 11, this official said.

Meshkinfam explained about the latest condition of phase 11, saying that it is expected to be fully operational in two years. So its first jacket will be installed as the first development step of this plan. The deck will be placed on the jacket after drilling wells.

The POGC head pointed out to the activities of Iranian companies in South Pars projects, noting that 70 percent of necessary goods and equipment are manufactured by domestic companies. It should be noted that all engineering, carrying, installation, hookup, and commissioning of South Pars platforms have been carried out by these companies.

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