| Search  | Old Web Site  | Newsletter  
Services
Business Solutions
ipr in the Press
Publications
Country Guides
Printable Version   

China ayudará a Irán a producir gas natural


Doron Peskin
Published:  11.06.09, 12:39 / Ynet

 

La empresa China National Petroleum Corporation desarrollará la 11 ª etapa de extracción marina en el yacimiento de gas Pars del Sur en Irán, por US $ 4,7 mil millones, considerado el más grande del mundo en gas natural. Francia se había comprometido a realizar este proyecto hace cinco años, pero se ha retrazado en la ejecución.
El retraso se ha debido a la presión internacional sobre Irán en cuanto a sus aspiraciones nucleares.

Irán dejó la puerta abierta para la empresa francesa “Total” para ser socio en el desarrollo del yacimiento en el futuro.

 

IPR_Perfil_Espanol

Mas articulos de IPR


 

China to help Iran produce natural gas
Chinese National Petroleum Corporation to develop 11th stage of world's largest marine gas field in Iran for $4.7 billion. France committed to project five years ago, but is delaying alliance
Doron Peskin
Published:  06.11.09, 12:39 / Ynet


China and Iran last week signed an agreement worth close to $5 billion for the 11th stage of developing the South Pars field, considered the world's largest natural gas field.
 
The deal was between Seifollah Jashnsaz, managing director of the state National Iranian Oil Company (NIOC), and the Chinese National Petroleum Corporation during the Iranian official's recent visit to China.
 
In 2004, French energy giant Total signed an agreement with the Iranian government, making it responsible for developing the project's 11th stage. However, the project's implementation has been delayed since then several times, due to what has been defined by the French as "a price hike in the development costs." In practice, however, the delay stems from the international pressure on Iran due to its nuclear aspirations.
 
Jashnsaz said after signing the contract, "We cannot wait for the Total company and therefore we signed a $4.7 million deal with the Chinese." However, the Iranian official left the door open for Total to be a partner in developing the field in the future.
 
It should be noted that the South Pars field is located both on Iranian and on Qatari territory, and is considered the single largest natural gas field in the world. The field's reserves are estimated at around 14 trillion cubic meters – about 8% of the proven gas reserves in the world. The planned production for stage 11 stands at 2 billion square feet a day.
 
Doron Peskin is head of research at Info-Prod Research (Middle East) Ltd.

 

 

More articles from our staff

IPR Profile

 


  Top of Page Printable Version