The four new phases at the Iranian side of the largest world gas reserve will hugely increase Iran’s gas production, exceeding that of Qatar.
Iran says the exports of the products of its South Pars oil and gas field hit $9 billion in the first seven months of the current Iranian calendar year (March 2016-March 2017).
Iran expects its natural gas production capacity from the South Pars gas field to increase by at least 70 million cubic meters per day (mcm/d) in the coming weeks.
Platform 18B which weighs 2300 tons, was installed successfully at the super-giant South Pars Gas Field in the Persian Gulf.
Iran says its export of gas condensate from South Pars field has experienced a 67-percent rise adding $2.9 billion to Iran’s oil revenues.