Tuesday, October 24, 2017   03:50:24
Tuesday, Apr 04, 2017
Iran Eyes Major Project Startups in Oil Industry during New Year

Iranian Minister of Petroleum Bijan Zangeneh says the new Iranian calendar year (began March 21) will be an “exceptional” year for Iran’s petroleum and petrochemical industries as several major projects are scheduled to come on-stream during the year...

Iranian Minister of Petroleum Bijan Zangeneh says the new Iranian calendar year (began March 21) will be an “exceptional” year for Iran’s petroleum and petrochemical industries as several major projects are scheduled to come on-stream during the year.

“This year, Iran will launch historic projects in the oil and petrochemical sectors that will be unprecedented in the country,” said the official referring to new phases of the supergiant South Pars gas field that is share by Iran and Qatar in Persian Gulf waters as well as a number of petrochemical projects that will become operational this year, Iran’s SHANA news agency reported.

Speaking to reporters during a visit to South Pars 20 and 21 projects in Persian Gulf on Thursday March 30, he said SP15, 16, 17, 18, 19, 20, and 21 projects were prioritized in 2013 for development and will come online in the new year.
11 South Pars phases became operational under President Rouhani’s tenure since 2013, he said.

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