Iran to Boost Gas Output Capacity with New Offshore Platform

Babak Dehghanpisheh
Wednesday, February 26, 2020

Iran will be able to produce more than 1 billion cubic meters (bcm) of gas per day once the final platform is installed at the South Pars offshore field, its oil minister was quoted as saying on Monday by the official IRIB news agency.

South Pars, which Qatar calls North Field, is the world's largest gas field and is shared between Iran and Qatar. 

"Of the two last platforms at South Pars, one was installed today and the next platform will be installed before (March 20)," Iran's Oil Minister Bijan Zanganeh said.

"And so we will have all the platforms of the 27 phases of South Pars, which will enable us to produce more than 1 billion cubic meters of gas per day."

Separately, Zanganeh said that coronavirus is to blame for price fluctuations in the oil market, according to SHANA, the news site of the Iranian oil ministry.

Twelve people have died and 61 have been infected with the virus in Iran, Tehran's health ministry said on Monday.

Several countries in the region have closed their borders with Iran and imposed air travel restrictions after people infected with coronavirus arrived from the Islamic Republic.

Despite the air travel restrictions, Zanganeh said that he would attend a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna next week using Iran Air, SHANA reported. 

(Reporting by Babak Dehghanpisheh; Editing by David Goodman and Jan Harvey)

Categories: Middle East Engineering Production Gas Construction

Related Stories

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Norwegian Oil Investment Will Peak in '25

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

CNOOC Brings New Offshore Gas Field On Stream

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Santos and QatarEnergy Agree Mid-Term LNG Supply

Current News

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com