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Number Seven Thousand Three Hundred and Sixty Four - 16 August 2023
Iran Daily - Number Seven Thousand Three Hundred and Sixty Four - 16 August 2023 - Page 1

Iran starts gas production from South Pars Phase 11

Iran says it has begun gas production in Phase 11 of the giant South Pars Gas Field in the Persian Gulf.
Iran’s Deputy Oil Minister Mohsen Khojastehmehr said on Tuesday that the gas extracted in the gas field is now being transferred to an onshore refinery through a pipeline.
Khojastehmehr added that the Phase 11 of the South Pars Gas Field will be inaugurated during a ceremony and in the presence of President Ebrahim Raeisi, Oil Minister Javad Owji, and other high-ranking officials in the near future.
In 2017, the French company Total signed an agreement with Iran to develop Phase 11, but the company abandoned the multi-billion-dollar project after the US re-imposed sanctions against Iran in 2018. China National Petroleum Corp. (CNPC), which replaced Total, also suspended investment in Iran’s South Pars natural gas project in response to US pressure. South Pars is the world’s largest gas field.
Despite being under illegal sanctions, Iran managed to develop the project with the help of Iranian experts.

 

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