TEHRAN Sept. 26 (Mehr News Agency) – Iran intends to extract a daily output of 80 million cubic meters sour gas from phases 6, 7, and 8 of the South Pars gas field by March 2005, an informed official related to Iran’s oil ministry said here Thursday.

A 512-km long pipeline transfers produced sour gas from Asalooye, southern Iran, to Aghajari, said the official adding that the whole volume would then be injected into oil reserves in southern oilfields.

 

This new project, which has cost some $2,127 billion, is capable of adding 120,000 liquid barrels per day (bpd) to the entire base output, the official added. Petro Pars Company has been in charge of the project.

 

Last year, for developing two subsequent phases of the field (9 and 10), the Korean LG company entered into a two billion dollars contract with two Iranian firms, Sea Ta’sissat Co. (STC) and Industrial Engineering Co.    

 

ER/AF/SRM

END
MNA

 

News Code 1931

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