South Pars

South Pars Gas Field
South Pars Gas field is the single largest gas reserve in the world, shared by Iran ‎and Qatar. The field is ‎‏105‏‎ kilometres (km) away from the Pars Special Economic Energy Zone. The ‎reservoir measures ‎‏9,700‏‎ square kilometres in total with ‎‏3,700‏‎ square kilometres owned by Iran. ‎According to the Pars Special Economic Energy Zone website, the field has over ‎‏14‏‎ trillion cubic meters of the ‎world’s natural gas reserves and around ‎‏48‏‎ percent of Iran’s confirmed reserves.‎

The development of South Pars- phase by phase- aims to supply the increasing demand for the natural gas necessary for domestic consumption. Moreover, the field is required to supply gas for injection into the oil fields, exporting gas and condensates. "Supplying gas as ‎feedstock for the petrochemical industry is on the agenda of the National Iranian Oil Company ‎‎(NIOC).‎" The field is already under development in phases; as of August 2012, ‎‏14‏‎ gas processing plants have been ‎formulated. "With regards to the reservoir’s capacity, the development phases can increase to ‎‏28‏‎ ‎phases or even more to further development, plus ‎‏15‏‎ huge petrochemical Complexes and a wide ‎range of downstream petrochemical industries, different related industries, semi-heavy industries, ‎marine industries and a substantial amount of service related facilities are predicted in this zone". ‎

Development Plans
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