Sunday 17 March 2019

#Iran's Rouhani inaugurates four new phases of South Pars gas field | Reuters

Iran's Rouhani inaugurates four new phases of South Pars gas field | Reuters:

Iranian President Hassan Rouhani formally inaugurated four new phases of South Pars, the world’s largest gas field, on Sunday, according to a statement posted by the Iranian oil ministry on Twitter.

Iran has invested $11 billion to complete the four phases and they will increase the country’s gas production capacity by up to 110 million cubic meters per day, the statement said.

Iranian Oil Minister Bijan Zanganeh said on Saturday that Iran, which share South Pars with Qatar, expects to operate 27 phases by next March.

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