Platform 13C, the third platform of Phase 13 of Iran’s South Pars Gas Field’s development project, officially started sending gas to the refinery, Pars Oil and Gas Company (POGC) which is in charge of developing the gas field announced.
China's state oil company has pulled out of a $5bn deal to develop a portion of Iran's massive offshore natural gas field, the Islamic republic's oil minister said on Sunday, an agreement from which France's Total SA earlier withdrew over US sanctions.
By improving the 27th phase of the joint South Pars Gas Complex, Iran will produce 750 million cubic meters of sour gas daily, Iran's Oil Minister Bijan Zanganeh said at a press conference on the launch of the phases of the South Pars gas field in Iran’s southern Bushehr Province.
Iran has delivered for export the first shipment from a new development phase of the giant gas field South Pars, including 300,000 barrels of condensate, Iranian media report, quoting the operator of the South Pars phase 13 project.
Iranian Oil Minister Bijan Namdar Zanganeh said the China National Petroleum Company (CNPC) has officially replaced French company Total which has backed out of a deal on development of Iran's South Pars gas field.
CEO of MAPNA Abbas Aliabadi said his holding is prepared to carry out the unfinished project to develop phase 11 of South Pars gas field and take over the shares of Total, which has decided to back off from working with Iran under the pressure of US sanctions.
“We have imported enough number of CRA (corrosion resistant alloy) pipes for South Pars phase 13 oil wells in positions B and D and we are expecting to fully tap the wells,” said Managing Director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam on Wednesday.
France's Total SA, the only western energy major investing in Iran, will lose its stake in the South Pars Gas Field to its Chinese partner if the Paris-based company withdraws from the country, the head of National Iranian Oil Company said.
Iran has started sour gas production at phase 14 of the super giant South Pars Gas Field on Saturday, the project's operator said.
France’s Total will lose all of its investment if it pulls out of a deal with Iran to develop South Pars, the world’s largest gas field, Iranian oil minister emphasized.
