Page 13 - DMEA Week 32 2021

DMEA TERMINALS & SHIPPING DMEA
Iran commissions Siraf Pars products export port
MIDDLE EAST
IRAN’S Oil Ministry has commissioned the first phase of the major Siraf Pars Export Port on the Persian Gulf coast to speed up the shipping of oil products from the giant South Pars energy hub, official energy news agency Shana reported on August 3.
The $350mn port, in the southwestern prov- ince of Bushehr, has two marinas that will be dedicated to the export of liquefied petroleum gas (LPG) and sulphur. The products will be directly sourced from nearby refineries fuelled by natural gas pumped from South Pars, the world’s largest gas reserve, which is shared by Iran and Qatar.
The port, one of the deepest in the region, was opened by order of Iranian President Hassan Rouhani as part of his final duties as president. On August 5, the pragmatic moderate will be succeeded by hardline cleric Ebrahim Raisi.
Pipelines linking five South Pars refineries to Siraf will transit 5,000 cubic metres of LPG per hour for export.
The construction of the port began in 2014. The facility was built by Khatam al-Anbia Con- struction Headquarters, a large engineering
energy company under the control of the Islamic Revolutionary Guard Corps (IRGC).
Shana also reported that the Oil Ministry of Petroleum inaugurated the offshore portion of Phase 27 of the South Pars gas field development and two offshore portions of South Pars Phase 14.
South Pars currently produces 700 MMcm/d from 37 production platforms, 372 wells, and 3,200 km (1,988 miles) of 32-in. subsea pipelines.
The latest developments at Phase 14 involved construction, installation, and commissioning of four gas production platforms, new pipelines and drilling of 44 wells, the Oil Ministry said.
Iran has spent $2.4bn fully developing Phase 14 over the past 11 years.
The country has built all 28 stages of the giant gas field development, except one, namely Phase 11. Its rollout was stopped in 2018 after foreign investors pulled out due to threat of US second- ary sanctions.
Outgoing Iranian Oil Minister Bijan Zan- geneh said on August 1 that production at Phase 11, now being developed by a domestic contrac- tor, will begin before March 2022.™
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