Gas production soars 23bn cubic meters

BUSHEHR, May 25 (MNA) – Operation of 12th, 15th and 16th phases of South Pars had contributed to 23bn cubic meters rise in country’s total gas production, Iran's state news agency IRNA reported.

Hamidreza Araghi, deputy-Oil Minister and head of South Pars Public Relations office told reporters on Wednesday that largely indigenous capabilities has contributed to the improvements; “in the fiscal year ending 21 March 2016, production of gas rose in South Pars, with subsequent benefits for the public welfare in form of reduced environmental pollution; Phase 19 of South Pars brought together expertise and skilled labor force of South Pars, Pars Oil and Gas, and PetroPars companies, which will significantly contribute to national wealth,’ Araghi told reporters.

“The solidarity thus created is a rich cultural treasure, and reflects the art of statesmanship of Mr. Rouhani’s cabinet who empty-handedly managed to score success only through relying on capabilities and resources of its own young cohort in running the country,” he lavished praise upon the government. “I call our skilled human force in the company to share and invest their years of experience and capabilities in the Phase 19 of South Pars to bring the project to a glorious end along with other contractors.”

The deal to develop and operate Phase 19 of South Pars, worth of $ 4.8bn, was signed in June 2009; currently, it had had 93.3 progress in sea and land, and is projected to go fully operative by next September.

 

SH/IRN82087526 

 

News Code 116849

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