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Two New South Pars Platforms Operational by Late Jan. 2019
 

Two New South Pars Platforms Operational by Late Jan. 2019


Saturday، 01 December 2018

TEHRAN (Shana) -- Operator of phases 22 to 24 of the South Pars gas field said two offshore platforms belonging to the projects would become operational by late January 2019.

 

According to Pars Oil and Gas Company (POGC), Farhad Izadjou said the phases had made 92 percent progress in both onshore and offshore section.

He said the onshore refining section of the phases had gained 93.4 progress, construction of offshore platforms was 94 percent complete, offshore drilling of the phases had made 87% progress, and construction of pipelines for the phases was 91 percent complete.

Pars Oil and Gas Co., as the developer of South Pars phases, is committed to launching half of the production chain of any South Pars development project by the end of this calendar year, which began on March 21.

Operator of South Pars phase development projects 22 to 24 said Platform 24A of Phase 24 was planned to come on-stream by late December or early January.

Production of 56.6 million cubic meters of gas per day, 75,000 barrels/day of gas condensate, 400 tons of sulfur, and annual production of 1.05 million tons of liquefied petroleum gas (LPG) and one million tons of ethane are aimed at by developing the phases.

Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

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  • Two New South Pars Platforms Operational by Late Jan. 2019
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