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

Flare Gas Recovery Meets the Future

ABS Approves Hanwha Ocean’s FPSO Design

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

CNOOC Starts Production from Deepwater Gas Project in South China Sea

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

Santos Pens Mid-Term LNG Supply Deal

CNOOC Posts Record Interim Profit

Current News

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Flare Gas Recovery Meets the Future

Pharos Energy Extends Licenses for Two Vietnamese Gas Fields

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Subsea Redesign Underway for Floating Offshore Wind

The Five Trends Driving Offshore Oil & Gas in 2025

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Offshore Service Vessels: What’s in Store in 2025

ABS Approves Hanwha Ocean’s FPSO Design

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