EHRAN (Dispatches) – Iranian President Hassan Rouhani has appreciated Iranian oil industry achievements, saying: "The United States cannot bring our nation to its knees because of the plans that we will implement in (the calendar year of) 1399, after two years and a few months of severe sanctions.”
Speaking on Thursday, in a ceremony held to officially start operations to install the first jacket of South Pars Phase 11 on the Iran-Qatar sea border, Rouhani said 17 phases of the massive gas field were developed under his presidency since 2013.
"In fact, we can say that we have done what we were supposed to do in South Pars, and the only phase in which has kept up due to the presence of foreign companies has been the Phase 11 development plan,” he said.
"The foreign companies were in this phase for construction of a pressure boosting platform, which we intended to achieve more easily with the participation of large French and Chinese companies,” Rouhani added.
The president stressed the need to maintain gas pressure in the South Pars joint field, and said: "Increasing pressure is one of the important projects that we must pursue.”
Meanwhile, Iran’s Petroleum Minister Bijan Namdar Zangeneh in comments through video conference said the country’s extraction of natural gas from the South Pars gas field has outstripped Qatar’s daily output from the joint field.
Zangeneh said Iran is going to extract 800 million cubic meters of gas from 27 conventional phases of the South Pars gas field.
Part of that output will be used in the petrochemical industries, a section will be exported in the form of liquefied gas, and the rest will be consumed inside the country, the minister added.
He also said that the country’s gas extraction from the South Pars stands at 700 million cubic meters at present, unveiling plans to raise the output to 750 mcm per day by the end of the current Iranian calendar year (March 2021).
South Pars, whose development has been divided into 28 phases, is located in the Persian Gulf straddling the maritime border between Iran and Qatar.
It covers an area of 9,700 square kilometers, of which 3,700 square kilometers belongs to Iran.
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.