Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Flagship Iran field mired by delays

Flagship Iran field mired by delays
IRANIAN president Mahmud Ahmadinejad has inaugurated the South Pars phases 6, 7 and 8, and phases 9 and 10 are expected onstream within a few months, according to the Iranian News Agency.

IRANIAN president Mahmud Ahmadinejad has inaugurated the South Pars phases 6, 7 and 8, and phases 9 and 10 are expected onstream within a few months, according to the Iranian News Agency.

South Pars phase 11 is stalled, according to licensee Total; phase 12 is unlikely to be onstream until 2012-13, and phase 13, located near the Iran-Qatar boundary, is in trouble, with Shell threatening to pull out.

“The longer Iran delays development of phase 13, the more likely it is to lose some of its gas reserves to gas migration as Qatar is extensively exploiting the adjoining North Field,” analysts at FACTS are reported to have said.

The status of phase 14, also allocated to Shell, with Repsol YPF, is unclear, although it appears to now be under consideration for the Persian LNG project, together with phases 15 and 16. As for phases 17 and 18, NIOC and National Iranian Drilling recently signed a $1billion-plus contract for the drilling of 27 wells intended to deliver 2billion cu ft of gas and 80,000 barrels of condensate per day.

Total is reported to have claimed that Iran’s political environment is too risky right now for investment.

All further phases – 19-24 – will be impacted by the many delays and disputes to date and are unlikely to proceed for some years.

Recommended for you

More from Energy Voice

Latest Posts