Iran Ready to Supply Ukraine with Natural Gas

Source: www.gulfoilandgas.com 8/17/2013, Location: Asia

Ukraine has been dependent on Russian expensive natural gas for years and now, it seeks to find a way to decline the country's dependence on Russian oil.

Iran, which sits on the world's second largest natural gas reserves after Russia, has been trying to enhance its gas production by increasing foreign and domestic investment, especially in its South Pars Gas Field.

The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. It is estimated that the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensate.

Executive Director of Petropars Projects Seyyed Hadi Mirbagheri said on August 8 that the largest phase of the gas field will start yielding natural gas by the end of September.

Mirbagheri went on to say that the offshore platform of Phase 12 will yield 500 million cubic feet of natural gas per day in September, and will transfer the extracted gas to onshore facilities.

He stated that the offshore platform of South Pars Phase 12 will reach its maximum capacity in November, when it will yield 1,000 million cubic feet of natural gas per day which will be transmitted to onshore gas treatment facilities.


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