Iran Eyeing Early Production from Kish Gas Field

The first phase of Iran’s Kish gas field with the aim of early production will come on stream next Iranian calendar year that begins 20 March, managing director of the National Iranian Oil Company (NIOC), Ahamd Qalebani announced.

“The Kish gas field is one of the most important NIOC’s projects,” he said.

Qalebani added the company is planing to make the field operational on time in order to boost the country’s gas production capacity.

Qalebani said that the Kish gas field not only has the potential to meet domestic needs but its gas could be exported to other countries, Iran’s SHANA news agency reported.

He said the gas field is estimated to hold some 66 trillion cubic feet of in-situ natural gas reserves and 514 million barrels of gas condensates.

Preliminary studies show gas output from the field will be 3 to 5 billion cubic feet (bcf) per day.

The Kish Gas Field is located about 60 km east of the Lavan Island, in Persian Gulf and its structure was discovered during the geophysical interpretation of a 2D seismic survey in 1968.

[mappress]

February 14, 2013