South Pars Phase 14 Shares Progression Report

EghtesadOnline: To further boost output from South Pars Gas Field in the Persian Gulf, the third offshore deck of the field’s Phase 14 was installed on Saturday, the development manager of the phase said.

News ID: ۷۴۷۸۶۰

14 July 2019

“After completion of operations, namely hookup, commissioning, and maritime pipelines, the deck will start extraction in November,” the Oil Ministry news portal Shana quoted Mohammad Mehdi Tavassolipur as saying.

Deck 14B was loaded on June 11 and transferred to its designated offshore spot. Weighing 1,450 tons, the structure is located 105 km off the Persian Gulf.

When operational, the deck will extract 14 million cubic meters of natural gas per day from the field, according to Financial Tribune.

Local engineers carried out the designing and construction of the deck and domestic companies supplied 60% of the equipment required to build the huge structure.

“The fourth and last deck of the phase (14D) with 92% progress, is being constructed at SADRA yard in southern Bushehr Province. It will be completed and installed by November,” Tavassolipur was quoted as saying.

Phase 14 onshore utility units, namely processing trains, sulfur recycling plants and gas injection units linked to Iran’s Gas Trunkline, are up and running.

The units are built to produce 56 million cubic meters of gas and 75,000 barrels of gas condensates per year to meet domestic demand and supply feedstock to petrochemical companies in the Pars Special Energy Economic Zone in Bushehr.

The phase will also produce 400 tons of sulfur, 2,800 tons of propane, 80,000 barrels of condensates and 2,550 tons of petrochemical feedstock when fully operational.

South Pars is divided into 24 phases in the first stage. Most of the phases are now fully operational.

The huge field, which Iran shares with Qatar in the strategic Persian Gulf, covers an area of 9,700 square kilometers, 3,700 square kilometers of which, called South Pars, are in Iran’s territorial waters. The remaining 6,000 square kilometers, called North Dome, are in Qatar’s territorial waters.

The field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensates.