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
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
