TEHRAN June 30 (Shana)--Phase 19 development of the massive South Pars gas field has made 86.6% progress, says the operator of the phase.
Hamid Reza Masoudi said the physical progress of the projects crossed 86% in autumn as a new platform was installed at the phase.
He further said the land, drilling and platform installations of the phase have so far made 84.7%, 99.5% and 74.5% respectively.
Phase 19 development of South Pars is set to produce 50 mcm/d of sweet gas, 75,000 b/d of gas condensate, 400 tons a day of sulfur, 1.05 million tons a year of liquefied petroleum gas and one million tons a year of ethane.
This development phase was awarded by Pars Oil and Gas Company (POGC) to a Petropars-led consortium of Petropars Limited and Petropars Iran and IOEC in June 2010 under an engineering, procurement, construction (EPC) contract.
Petropars Limited and Petropars Iran are responsible for onshore installations and drilling operations.