Addressing a ceremony to officially launch phases 13
and 22-24 of the major joint gas field, that was held in the presence of the
Iranian President Hassan Rouhani in the southern city of Assaluyeh on Sunday,
Mr. Zangeneh said 15 projects with $5.6 billion of investment came on-stream between
2013 and 2018, adding 18 other projects were expected to become operational by
2021, end of the second term of President Rouhani in office.
Zangeneh said the 15 projects added $5.2 billion to the
value of petrochemical produced in Iran.
Furthermore, he added, Kaveh Methanol Project, Phase I
of Bushehr Petrochemical Plant, and Phase II of Ilam Plant would come on-stream
next calendar year.
He further said that Iran’s gas recovery from South
Pars would reach 750 mcm/d by late 2019, when phase 14 of the field comes
The official said that Iran was currently supplying 841
mcm/d of natural gas while output stood at 622 mcm/d in 2013.