Wednesday, April 06, 2011
Knight Ridder/Tribune Business News
by A.Yusifzade, Trend News Agency, Baku, Azerbaijan
Iran aims to produce over 35 trillion cubic feet (TCF) of gas from North Pars field for 35 years, FNA reported the Managing-Director of the South Pars Special Energy Zone (SPSEZ) Organization Seyed Pirooz Mousavi as saying.
By completion of the designed projects in the North Pars region, recoverable capacity of gas from North Pars gas field would reach 35 Tcf, Mousavi added.
The giant gas field has a significant share in Iran's prosperity and the Iranian government is resolved to develop the field, Mousavi stressed.
According to Mousavi, North Pars gas field reserves holds an estimated 57.1 trillion cubic feet of gas (some 1.63 trillion cubic meters).
Mousavi said that Kangan and Upper Dalan gas-bearing formations hold 72 percent of the field reserves and another 28 percent belongs to the Dallan gas formation.
According to the Pars Oil and Gas Company, North Pars Gas Field is one of the biggest independent gas fields of Iran. This field which was discovered in 1967, is located approx. 120 kilometers south east of Bushehr in water depths of 2 to 30 meters in the Persian Gulf.
Exploration activities started in this field in 1963 and the first exploration well was completed in 1967.The total volume of the gas in place of this field is about 58.9 TCF and the recoverable volume of sour gas is approximately 47.2 TCF.
By completion of the designed projects in the North Pars region, recoverable capacity of gas from North Pars gas field would reach 35 Tcf, Mousavi added.
The giant gas field has a significant share in Iran's prosperity and the Iranian government is resolved to develop the field, Mousavi stressed.
According to Mousavi, North Pars gas field reserves holds an estimated 57.1 trillion cubic feet of gas (some 1.63 trillion cubic meters).
Mousavi said that Kangan and Upper Dalan gas-bearing formations hold 72 percent of the field reserves and another 28 percent belongs to the Dallan gas formation.
According to the Pars Oil and Gas Company, North Pars Gas Field is one of the biggest independent gas fields of Iran. This field which was discovered in 1967, is located approx. 120 kilometers south east of Bushehr in water depths of 2 to 30 meters in the Persian Gulf.
Exploration activities started in this field in 1963 and the first exploration well was completed in 1967.The total volume of the gas in place of this field is about 58.9 TCF and the recoverable volume of sour gas is approximately 47.2 TCF.
