Iran is currently extracting 460 million cubic meters (MMcm) of gas from South Pars gas field per day, managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam said.

Meshkinfam told that over the past one month, gas extraction from South Pars ranged between 420 MMcm/d and 430 MMcm/d and as the phase 19 platforms were operational, gas production from the joint field has reached 460 MMcm/d.

The phase 19 is equal to two standard phases and as the phase had become completely operational, two billion cubic feet is daily added to gas extraction capacity of the joint field, Iran’s SHANA news agency reported.

The official said based on the plans made, by the end of Iranian calendar months of Azar (December, 20), gas production from the field will reach 500 million cubic meters a day and it will exceed 530 million cubic meters by end of this year (to end on March 20) of or early next year (to start on March 21).

He said plans are made for operational phase 21 platform by next two weeks and once the phase is operational, 28 million cubic meters will be added to Iran’s gas extraction from South Pars gas field a day.

Based on the report, phases 20 and 21 are among phases whose full operation will add two billion cubic feet to the field’s gas recovery capacity.

About NIGC

The National Iranian Gas Company (NIGC) was established in 1965 as one of the four principal companies affiliated to the Ministry of Petroleum of the Islamic Republic of Iran.