Security at the South Pars Special Economic Energy Zone in Asalouyeh
South Pars looks to the long term
With the 38 phases associated with Iran’s South Pars gas field nearing completion, focus has shifted to maintaining production stability amid pressure concerns
Total cumulative output from Iran’s supergiant South Pars gas field—the second and third phases of which came into production in 2002—is now around the 2tn m³ mark and has increased rapidly in recent years. Earlier this year, President Hassan Rouhani said production from the 23 upstream projects already in operation had reached 750mn m³/d, up from 280mn m³/d in 2013. With state oil firm NIOC aiming to reach 1bn m³/d as quickly as possible, a drilling campaign is ongoing at the offshore Phase 11 (SP11). Total and China’s CNPC signed a contract for SP11 in 2017, before pulling out after the US withdrew from the Iranian nuclear deal a year later. 9tn m³ – Remaining South Pars recover
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
