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  • Iran’s South Pars Gas Field Generates $130 Million Worth of Production Per Day

    Iran’s South Pars Gas Field (SPGF) generates $130 million worth of output per day, according to Zargam Heydaria, an official from Bushehr province in southern Iran.

    The field has 13 refineries and 336 wells in the Persian Gulf producing more than 705 million cubic meters of gas per day, Heidariyeh said on Tuesday, adding that each refinery in the SPGF generates more than 50 million cubic meters of liquefied gas and 77,000 barrels of gas condensate. The field also produces other products such as sulfur, butane and propane.

    So each refinery in the SPGF generates $10 million worth of output per day, or $3.5 billion per year, he said.

    SPGF is the world’s largest natural gas field, ownership of which is shared between Iran and Qatar.

    Source

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