Iran’s Petropars Operation and Management Company (POMC) has won a tender to develop and put into operation the Phase 14 of the South Pars (SP) Gas Field in southern Iran, said the firm’s managing director.
Petropars Iran (PPI) Company started storing propane and liquefied petroleum gas (LPG) simultaneously in four depots belonging to the refinery of the Phase 19 of the South Pars (SP) Gas Field in the southern Iranian province of Bushehr.
Gas condensate production and storage begun at the refinery of the onshore section of the Phase 12 of the South Pars (SP) Gas Field in the southern Iranian Bushehr Province, said the manager of the phase’s development project.
Iran said French energy giant Total is still to officially announce its withdrawal from one of the country's biggest gas projects with a top official saying no change has taken place in the combination of a consortium formed over the project.
Iran will earn $1 billion in revenue per month following the completion of the development projects of phases 13 and 14 and 20 to 24 of the South Pars (SP) Gas Field, said Iran's oil minister on Monday.