27 Nov 2024
Tuesday 8 October 2019 - 16:00
Story Code : 360931

South Pars phase 14 online next calendar year

SHANA Iranian Minister of Petroleum Bijan Zangeneh said that Phase 14 project of the South Pars gas field would come online during next Iranian calendar year which starts on March 21, 2020.

According to ICANA, the official told the parliaments planning, budget and calculation committee on Monday, Zangeneh said that developing Phase 11 project of the joint field would commence soon.

The project is to be developed by Petropars Company. A consortium of Total, CNPCI and Petropars were initially supposed to develop the field. However, Total and CNPCI have pulled out of the project and Petropars is to develop it alone.

Fortunately, the projects in oil and gas fields are progressing well despite the sanctions and this progress is very vivid in South Pars, he said.
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