Page 9 - DMEA Week 33 2022

DMEA COMPANIES DMEA

South Pars is the Iranian portion of a massive offshore gas field (Image: Press TV)

Iran has since worked to retrofit local technol- On the domestic contracting front, there is
ogy, but the work is said to have taken longer firm market speculation that Iran’s MAPNA
than anticipated. engineering group, which has a track record of
Press TV did not elaborate on whether the successfully localising industrial kit, has been
project is to benefit from supplies and services of contracted for major work on Iran LNG.
foreign companies. However, during the recent The other two LNG projects previously
visit of Vladimir Putin to Tehran, NIOC and planned by Iran are the 10mn tpy South Pars
Russia’s Gazprom signed a memorandum of LNG , which was to be realised in partnership
understanding (MoU) potentially worth around with France’s TotalEnergies, and the 16.2mn tpy
$40bn that outlined how Gazprom would help Persian LNG.
NIOC develop two gas fields and six oilfields TotalEnergies departed its Iranian projects
and take part in LNG projects and the construc- after assessing the risk of getting hit by US sec-
tion of gas export pipelines. ondary sanctions if it did not. ™

South Pars complex to launch gas DMC unit

MIDDLE EAST IRAN’S giant South Pars gas complex plans to
launch its first gas condensate demercaptanisa-
tion (DMC) unit, a move that will improve con-
densate refining capacity and quality.
Speaking to official Iranian media, Hossein
Bagheban, director of the South Pars Gas Co.
said that the DMC unit would be added to at
the site of the South Pars Phase 2 refinery, rais-
ing capacity to 80,000 barrels per day (bpd) of
condensate.
He said that the unit would reduce the corro-
sive effects of harmful compounds on the refin-
ery and cut pollution while also increasing the
refining value-add.
In March, the National Iranian Oil Co. The plant will launch its first condensate demercapitanisation unit (Photo: SPGC)
(NIOC) launched South Pars Phase 14 refinery,
the final phase of the downstream development the 9,700-square km deposit that is shared with
of the super-giant South Pars gas field. The Qatar, where it is known as the North Dome
upstream section is split into 24 offshore devel- field.
opment phases, all but one of which have been Around 80% of the field’s initial gas reserves
brought on stream. are believed to remain in place.
Iran is home to around 34 trillion cubic Also this week, the National Iranian Gas Co.
metres of proved natural gas reserves, with (NIGC) said that the country’s gas production
South Pars accounting for around 14 tcm as well has not been affected by international sanctions,
as 18bn barrels of gas condensates. The Islamic noting that the company is committed to reduc-
Republic holds a 3,700-square km portion of ing flaring.

Week 33 18•August•2022 www. NEWSBASE .com P9