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Iranian President Hassan Rouhani inaugurated four new phases of the South Pars gas field. The field is the world’s largest gas field and it is shared with Qatar. Iran has invested $11 billion to complete the new phases and it will increase its gas production capacity by 110 million cubic meters per day. Oil minister expects gas production from the South Pars field to reach 750 million cubic meters per day by the end of this year.

Iran Inaugurates Four New Phases of the South Pars Gas Field

Iranian President Hassan Rouhani inaugurated four new phases of the South Pars gas field. The field is the world’s largest gas field and it is shared with Qatar.

Iran has invested $11 billion to complete the new phases and it will increase its gas production capacity by 110 million cubic meters per day.

Oil minister expects gas production from the South Pars field to reach 750 million cubic meters per day by the end of this year.

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