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

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Philippines Makes First Offshore Gas Discovery in Over a Decade

Offshore Energy and Boosting the Energy Efficiency of Water Processes

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

CNOOC Puts New South China Sea Development Into Production Mode

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

US Pressure on India Could Propel Russia's Shadow Oil Exports

Current News

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

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