Speed of South Pars development ‘crucial’ for Iran’s future gas exports
Tuesday, 03 May 2016
Not only will Iran’s oil exports rise, once sanctions are untangled, the Islamic Republic is also gearing up to boost natural gas and liquids production. EIA analysts anticipate Iran’s non-crude liquids production to grow by 150,000 b/d by the end of 2016, and by an additional 100,000 b/d by the end of 2017, dependent on how speedily the 24 development phases of South Pars will progress.
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