News ID: 58063
Published: 0347 GMT December 24, 2014

South Pars products exported to 29 countries

South Pars products exported to 29 countries

A senior Iranian official said on Wednesday that the products of South Pars gas field were exported to 29 countries in the nine months of current Iranian calendar year (started March 21, 2014).

Talking to IRNA, Managing Director of Pars Special Economic Energy Zone (PSEEZ) Mehdi Yousefi said that the PSEEZ has exported more than 16.12 million tons of products worth over $13.49 billion during the period, IRNA reported.

Yousefi added that compared to the corresponding figure of last year, the figures show a 30-percent and 26-percent increase in terms of value and weight respectively .

South Pars covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers are situated in Qatar’s territorial waters.

The gas field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.

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