Project Profile
Value: US$3,000 million
Area: unknown
Start-up Month: 22nd August
Start-up Year: 2012
Location: Bandar Tumbak, Iran
South Pars
The South Pars gas field is located in the Persian Gulf on a border zone between Iran and Qatar. The field\'s reserves are estimated at 14 trillion cubic metres of gas and 18 billion barrels of liquefied natural gas. The gas field covers an area of 9,700 square kilometres, of which 3,700 square kilometres (South Pars) is in the Iranian territorial waters and 6,000 square kilometres (North Dome) is in Qatar\'s territorial waters. South Pars is the most significant energy development project in Iran, which is estimated to have 450 Tcf of natural gas reserves, or around 47 percent of Iran\'s total natural gas reserves. Discovered in 1990, and located 62 miles offshore in the Persian Gulf, South Pars has a 25 phase development scheme spanning 20 years. The entire project is managed by Pars Oil & Gas Company, a subsidiary of the National Iranian Oil Company. Each phase has a combination of natural gas with condensate and/or natural gas liquids production. Phases 1-10 are online. The majority of South Pars natural gas development will be allocated to the domestic market for consumption and gas re-injection. The remainder will either be exported to South Asia or Europe, used for LNG production, and/or used for gas to liquids (GTL) projects.
Phases 15 and 16
Phases 15 and 16 includes two wellhead platforms, associated structures and facilities. The tie-in of two appraisal wells, laying of two 105km 32-in sealines and two 135km 4.5-in piggy-back lines, and an onshore treatment plant at Bandar Tumbak are also included in the scope. The two phases will produce 50 million cubic metres per day of gas (domestic), 1 million tonnes per annum (mtpa) of LPG for export, 80,000 b/d of condensates for export, and 1 mtpa of ethane for use in petrochemical projects. The phases also include sulphur recovery of 800 tonnes a day for export.
Operators:
Pars Oil & Gas Company (subsidiary of National Iranian Oil Company)
National Iranian Oil Company (NIOC)
Contractor:
Dana Energy: Drilling
Iranian Offshore Engineering and Construction Company (IOEC) – Developing the project
Consortium for EPC:
Iran Shipbuilding & Offshore Industries Company (ISOICO)
Khatam ul-Anbia (Ghorb)
Saff Offshore Industires
Machin-Sazi Arak: Pressure vessels and reactors