Tehran (PIN) - Phases 4 and 5 of the massive South Pars Gas Field are preparing to produce liquefied petroleum gas (LPG) and ethane, the director of the twin phases said. Ahmad Adib told PIN the refinery of Phases 4 and 5 is delivering 50 million cubic meters a day of natural gas to the national gas pipeline.
Phases 4 and 5 of South Pars are aimed at daily production of 50m cubic meters of natural gas, 80,000 barrels of gas condensates, 400 tons of sulfur and one million tons of ethane as the feedstock for Jam Petrochemical Facility, as well as exporting 10.5 tons of liquid gases a year.
The buyback projects for development of the phases started in August 2000 by National Iranian Oil Company in partnership with Italian Eni, with sixty percent stake, with Petropars Company, with 20 percent stake, and with Naftiran Intertrade Company, with 30% stake.
The projects featured construction of two giant submersible sea platforms, and sea jackets, drilling 13 out of 24 wells, laying 32-inch sea pipelines on more than 100 kilometers, production of 56-inch pipelines for transfer of gas from Kangan refinery on more than 67 kilometers of lands.
More than 17,000 work forces were involved in the three-year project for construction of the onshore and offshore refinery.
The project has raised Iran's share in extraction of gas reserves from South Pars. South Pars gas field contains more than eight percent of the world's and more than half of Iran's gas reserves.
© Tehran Times 2005
