The Development of the South Pars Gas Fields, Phases 4&5 was awarded in 2000 to a consortium formed by Agip 60% and Petropars 40% on a buy-back basis.
Later, Petropars transferred 50% of its share to N.I.C.O.
The present share breakdown is as follows :
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Eni (Agip) 60%
-
Petropars 20%
-
NICO 20%
This Project Was Officially Inaugurated April 2005.Over 18000 Personnel were active during the peak of phases 4&5(over 97% of them were Iranian forces).The Iranian construction share of this project was over 44% equivalent to 850 million USD.
Official hand-over and transfer of operator ship to NIOC / POGC for the offshore , onshore , drilling facilities and 56" onshore pipeline From ENI as operator in the second half of 2008 .
Project Objectives :
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Meeting domestic natural gas needs.
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Increasing export gas volume.
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Substituting natural gas instead of other oil products.
Products of the Project :
| Product Name |
Daily Output |
Annual Output |
| Lean Gas |
50 MM SCM |
18 MMM SCM
|
| Ethane |
2.18 MM SCM |
1 MM T
|
| Propane |
1794 Tons |
1/05 MMT
|
| Butane |
1134 Tons |
| Stabilized Condensate |
80000 Barrels |
29 MM B
|
| Sulfur |
400 Tons |
146 M T
|
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Lean gas which shall be transported by a 75 km long 56² pipeline to IGAT-3 tie-in manifold in the vicinity of Kangan Gas Refinery.
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Ethane gas which shall be transported to NPC through a 16² pipeline.
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Treated LPG which shall be refrigerated and stored in double wall storage tanks to be pumped to LPG carriers for export.
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Condensate stored in special storage tanks which shall be exported through the existing Phase 1 SBM.
Main Parts of the Project :
Project Services : 3% of the implementation operations of the project (equivalent to 6% of the project costs) pertains to this part
Wells : 7% of the implementation operations (equivalent to 13% of project costs) is allocated to this part.
Offshore Facilities : 20% of the implementation operation of the Project (equivalent to 20% of project costs) pertains to this part.
Onshore Facilities : 70% of the implementation operations of the project (equivalent to 61% of project costs) pertains to this part.
Project Human Resources :
The number of man power used at the peak of phases 4&5 activities reached 18000 personnel 97% of which were Iranian.
Local Content :
The Iranian Content of the project amounts to 44% equivalent to USD M850.
South Pars Phases 4 & 5 Site preparation (Feb-2002)
South Pars Phases 4 & 5 Gas Plant (Jan-2005)
