Phases 6, 7 & 8 of South Pars – the world’s largest gas field – are being developed by StatoilHydro as operator under an agreement signed with its local partner Petropars and the National Iranian Oil Company (NIOC) in October 2002.
The field extends across the Iranian and Qatari sectors of the Persian Gulf and is called the North Dome on the Qatari side.
Phases six-eight embrace about 650 billion cubic meters of gas (four billion barrels of oil equivalent) and some 700 million barrels of condensate (light oil).
Total gas resources in South Pars and the North Dome are roughly 18 times larger than in StatoilHydro’s Troll Gas development in the North Sea.
The project covers the construction of three production platforms some 100 km from shore, and a 32-inch pipeline from each of the platforms to a gas treatment plant at Asaluyeh on the Iranian coast.
StatoilHydro’s Iranian partner in the project, Petropars, is responsible for building and operating the onshore treatment plant.
Condensate and liquefied petroleum gases (LPG) will be separated from the gas stream at the treatment plant, and exported via a nearby terminal.
The gas will be transported through a 500 km pipeline to the Agha Jari field for injection as pressure support to help maintain oil production while some of the gas will be pumped into the national grid for household consumption.
The NIOC will take over as production operator when development is complete.
StatoilHydro’s project costs will be repaid, together with an agreed compensation, through a share of revenues from the sale of condensate and LPG.
Offshore licensees:
StatoilHydro 37% (operator)
Petropars 63%
Published 2007-08-28, 18:41 CET | Updated 2008-10-15, 14:07 CET
