US sanctions didn’t stop our activities: Oil Minister
Tehran (IP) - In his speech in the ceremony, Minister of Petroleum Bijan Zangeneh said that the offshore activities of the South Pars gas field would be over this calendar year (started on 20 March 2020).
“The implementation of South Pars development projects coincided with financial difficulties and we had to endure low oil prices,” Minister of Petroleum Bijan Zangeneh said.
The development of the South Pars gas field started in 1997. After 22 years, South Pars is in the final stage of development with the installation of an 11B jacket.
A total of 27 development phases have been defined for South Pars, whose completion would allow for the recovery of nearly 80 mcm/d of sour gas.
This gas will be then processed to be injected into the national gas trunkline or to feed petrochemical plants.