Iran's gas condensates exports from Pars Zone up by 40 percentStaff writer ▼ | February 27, 2015
Exports of gas condensates from Pars Special Economic Energy Zone (PSEEZ) increased by over 40 percent in the first eleven months of the current Iranian year (March 21, 2014-February 20, 2015) compared to the corresponding period last year.
Good achievement Customs Administration Office:
The main destinations of the condensate supplies were China, Iraq, the United Arab Emirates (UAE), Afghanistan and India, the office added.
The PSEEZ was established in 1998 for the utilization of South Pars oil and gas resources and encouraging commercial activities in the field of oil, gas and petrochemical industries.
The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. The field is estimated to contain 14 trillion cubic meters of gas and 18 billion barrels of condensates.
The field covers an area of 9,700 square kilometers, 3,700 square kilometers of which lie in Iran's territorial waters in the Persian Gulf. The remaining 6,000 square kilometers, i.e. North Dome, are located in Qatar's territorial waters. ■