Iran: South Pars Annual Revenue to Hit $120 billion in Next Four Years

Iran plans to complete the development of its South Pars gas field by March 2015, the oil ministry’s news website Shana reported, citing National Iranian Oil Co. Managing Director Ahmad Qalebani.
Qalebani did not elaborate on the current status of the different development phases for South Pars, the world’s largest gas deposit, according to the report published yesterday. Iran shares the deposit with neighboring Qatar.
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Source: Offshore Energy Today