South Pars (Phase 4-5)

Location and Terrain

The South Pars (Phase 4-5) gas field is located in the Persian Gulf, offshore Iran, in shallow water.

Operator and Ownership

The field is operated by Pars Oil and Gas Company, which is a subsidiary of the National Iranian Oil Company (NIOC).

Production Details

• Phases 4 and 5 of the South Pars field are designed to produce approximately 2 billion cubic feet (57 million cubic meters) of natural gas per day.
• In terms of annual production, the phases are expected to produce around 50 million cubic meters of natural gas per year, although this figure seems to be a yearly conversion and might be a simplification.
• Additionally, these phases will produce:
  • 80,000 barrels per day (13,000 m³/d) of natural gas condensate.
  • 3,000 tons per day of liquefied petroleum gas (LPG).
  • 400 tons per day of sulfur.

Development and Infrastructure

• The development of Phases 4 and 5 involves the construction of offshore platforms and associated land-based facilities.
• The project includes laying pipelines from the offshore platforms to the coast, similar to other phases of the South Pars field.

Key Players and Contractors

• The project is operated by Pars Oil and Gas Company.
• Various Iranian and international companies have been involved in different aspects of the South Pars development, including Petropars, Total S.A., Petronas, and Gazprom, although specific contractors for Phases 4 and 5 are not detailed in the available sources.

Capital and Operational Costs

• Each standard phase of the South Pars field is estimated to have an average capital spend of around US$1.5 billion. However, specific costs for Phases 4 and 5 are not provided in the available sources.

Current Status

• Phases 4 and 5 are currently producing and have been operational for some time. The exact start date is not specified in the sources, but they are part of the ongoing development of the South Pars field.

Additional Information

• The South Pars field, including Phases 4 and 5, is part of a larger development plan that involves 24 to 30 phases, aiming to produce between 25 billion and 30 billion cubic feet (710 million to 850 million cubic meters) of natural gas per day.
• The field is significant not only for its massive natural gas reserves but also for its condensate, LPG, and sulfur production, making it a crucial component of Iran's energy sector.