South Pars gas field is the largest independent gas reserve in the world which is shared by Iran and Qatar. The field is 105 kilometers away from the Pars Special Economic Energy Zone. The reservoir covers 9,700 square kilometers in total with 3,700 square kilometers belonging to Iran. According to latest figures, the field contains more than 51 trillion cubic meters of natural gas. It stands for about 48 percent of Iran’s confirmed reserves.
Considering the vast area of this gas field, its development was planned in several phases. The aim of developing of South Pars is supplying the increasing demand for the natural gas required for the country’s domestic consumption, injecting gas into the oil fields, and exporting gas and condensates. Supplying gas as feedstock for the petrochemical industry is on the agenda of the National Iranian Oil Company (NIOC).
The field is already being developed in different phases; so far 14 gas processing plants have been planned. With regards to the reservoir’s capacity, the development phases can increase to 28 phases or even more to further develop the giant gas field. Meanwhile, 15 huge petrochemical complexes and a wide range of downstream petrochemical units, different related industries, semi-heavy industries, marine industries and considerable number of service related facilities are predicted in this zone.