Morteza Zarrin Gol made the remarks Monday while visiting South Pars gas condensates installations.
National Iranian Oil Company (NIOC), Total, CNPC and Petropars on Monday, July 3, signed a 4.8-billion-dollar contract for development of South Pars Gas Field phase 11.
Total will operate the SP11 project with a 50.1 percent interest, while Iranian Petropars Company and the Chinese CNPC will have a share of 19.9 and 30 percents, respectively.
Phase 11 project has two platforms with a capacity of 28 million cubic meters per day, Total's quota is 50.1% and CNPC and Petropars have 30% and 19.9%, respectively.
9376**2050
Tehran, Aug 21, IRNA – The international consortium has equipped operational workshops to develop South Pars phase 11, Deputy Head of South Pars Oil and Gas Field for development projects said.