Thursday, August 22, 2013

Iran's Oil Minister Arrives at South Pars – ‘Highest Priority’

Iran’s Oil Minister Bijan Namdar Zanganeh said today the development of South Pars Gas Field is of the highest priority. He made the remarks in Tehran before departing for South Pars, which is located in Asalouyeh, a port city in the Persian Gulf.

“The Oil Ministry is trying to put the completed phases of South Pars into service as we urgently need these joint fields given the country’s need for gas,” Zanganeh said. (IRNA/Press TV, 22 August)

The huge South Pars gas field is shared by Iran and Qatar. The larger field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran's territorial waters (South Pars). The remaining 6,000 square kilometers, referred to as the North Dome, are in Qatar's territorial waters.

The Iranian gas field contains 14 trillion cubic meters of natural gas, about eight percent of the world's reserves, and more than 18 billion barrels of LNG resources.

File photo:
A plant at Iran's South Pars Gas Field (IRNA/Press TV)


Anonymous said...

Has the US sanctioned Iran's gas development yet? If not that should be next.

Anonymous said...

The self inflicted regime is only to blame for sanctioning Iran.