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FinancialNews


  • 18-01-21

    Iran’s giant South Pars gas field ensure sustainable supply of natural gas

    (MENAFN)Stable production from Iran’s giant South Pars gas field guaranteed continuous and sustainable supply of natural gas across the country in the winter, which the country shares with Qatar in the Persian Gulf.

    The stated gas field is extended over an area of 9,700 square kilometers, 3,700 square kilometers of which, called South Pars, are in Iran’s territorial waters. The lasting 6,000 square kilometers, called North Dome, are located in Qatar’s territorial waters.

    At the mean time, the field, divided into 24 standard phases on the Iranian side, is expected to hold an important quantity of natural gas, accounting for about eight percent of the world’s reserves, and around 18 billion barrels of condensate.

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