Overview

Iran’s Pars Oil & Gas Company is exploring and developing the offshore South Pars field, which borders with Qatar’s North Dome gas field in the Gulf, about 100km from the country’s southern coastline. The South Pars/ North Dome gas field is 9,700km squared in size. South Pars sits within Iran’s territorial waters and the field is 3,700 sq km in size, with proven gas reserves of 350 trillion cubic metres, which is 6 per cent of the world total and half of Iran’s total reserves.

Phases 17 and 18 of the project includes the construction of four platforms, the laying of various subsea pipelines and the drilling of 44 wells. Onshore elements include developing facilities to separate and process the gas and condensate produced.

Once in production, the development will produce 50m cubic metres a day of treated natural gas, 1 million tonnes a year of liquefied petroleum gas (LPG) for export, 80,000 barrels a day (b/d) of condensate for export, 1 million tonnes a year of ethane for use as feedstock and 800 tonnes a day of sulphur for export.