Iran’s South Pars Natural Gas Field Generates $130mn Daily

According to Zargham Heidarieh, an official from Bushehr province, southern Iran, Iran’s South Pars Gas Field (SPGF) generates $130 million per day.

The field has 13 refineries and 336 wells in the Persian Gulf, producing more than 705 million cubic meters of gas daily, Heidarieh said, adding that each refinery in the SPGF generates over 50 million cubic meters of sweet gas and 77,000 barrels of gas condensate.

The field also produces other products such as sulfur, butane, and propane. Therefore, each refinery in the SPGF generates $10 million per day, which amounts to $3.5 billion yearly, he said.

The SPGF is the world’s largest natural gas field, with ownership shared between Iran and Qatar.