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Iran to Outpace Qatar in South Pars Gas Extraction: Minister

2019-09-18 03:39:42
Iranian Oil Minister Bijan Zanganeh says the country is going to outstrip Qatar in terms of production of gas from the South Pars joint field.

Iran’s gas extraction from the giant offshore South Pars field will exceed that of Qatar as soon as the current development projects are completed, Zanganeh said on Monday.

The oil minister noted that the daily output of natural gas from the joint gas reserve in the Iranian installations is set to hit 790 million cubic metres, much higher than Qatar’s daily production of 620 million.

Zanganeh pledged that Iran will complete the phases 13, 22, 23 and 24 of the South Pars gas field by March 2020, and will also finish the offshore section of phase 14.

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GOVERNMENT OF THE ISLAMIC REPUBLIC OF IRAN