In an official ceremony marking the commencement of gas extraction
from Phase 11 of the South Pars gas field, Minister Javad Owji emphasized the
annual production capacity of 92 million tons in the country's petrochemical
He highlighted that last year's petrochemical exports reached $16
billion in value.
Javad Owji, speaking today during the inauguration event attended by
President Seyyed Ebrahim Raisi in Asaluyeh, stated that this marked the second
time in the past six months that the President had come to Bushehr province to
oversee oil industry projects.
Owji noted that in the previous year, Ayatollah Raisi inaugurated the
development project for Phase 14 of the South Pars gas field, increasing the
nation's gas processing capacity by 56 million cubic meters per day.
"In the same ceremony, the emphasis was placed on the Phase 11 of
South Pars achieving operational status in this administration. The President's
focus on joint field development, especially the completion of South Pars
phases, is evident," Owji remarked.
The Oil Minister emphasized, "Today, this achievement has been
realized, and Phase 11 of South Pars has officially become operational. This
comes at a time when foreign companies like Total, Shell, and CNPC (China
National Petroleum Corporation International), which had contracts for the
development of this phase for 20 years, took no practical steps."
Owji noted that over the past 20 months, with the efforts of national
Iranian oil companies, including NIOC, NIGC, PetroPars, and marine engineering,
as well as government support, the project was brought to fruition. The value
of Total's contract in Phase 11 was approximately $4.8 billion, but due to
sanctions, the company withdrew from the development in 2018. However, progress
did not stall during the 13th government, and with our confidence, we are
witnessing the inauguration of this project today.
Referring to the ongoing government initiatives, Owji stated, "As
we are in Government Week, all government agencies and ministries have good
projects ready for inauguration. However, due to the significance of the issue,
the shared ownership of South Pars field, and the unprecedented nature of
development in Phase 11 of South Pars, the President decided to attend the
official opening and commencement of operations in Asaluyeh, and we have
started the production and gas extraction operations from Phase 11."
Owji emphasized the importance of observing safety principles for the
President's presence in Phase 11 of South Pars: "Plans were made to halt
production, but Ayatollah Raisi did not allow even a moment's halt in gas
Regarding the completion of wells in Phase 11, Owji stated that with
all wells completed, 50 million cubic meters of gas per day would be extracted
from South Pars Phase 11.
Speaking of the achievements of the 13th government in South Pars, Owji
mentioned that among the 347 semi-completed projects valued at $12 billion that
entered operational status last year, an additional 67 upstream and downstream
projects valued at $15 billion are set to become operational in 1402 . He
added that, of these 67 projects, 25 projects valued at $7.5 billion have
already become operational.
Enumerating the key accomplishments in South Pars during the 13th
government, Oji highlighted the opening and operationalization of South Pars
Phase 11, the launch of sweetening units in Phases 2 and 3, the construction of
a new pipeline in Phase 16, and the inauguration of the Phase 14 refinery in
"Beyond the 67 semi-completed projects slated for this year, we
will initiate the execution of 15 new projects in 1402. With the blessing of
the blood of the martyrs and the slogan 'We Can,' today the oil industry is
self-sufficient in all sectors," Owji proclaimed.
He also underscored that there are currently no foreign advisors in
Iran's oil industry, both upstream and downstream. "30 countries are under
US sanctions, and the oil production of these countries decreases as soon as
the sanctions are imposed, leading to the shutdown of their refineries.
However, Iran has gone beyond self-sufficiency in the oil industry. We are
present in underground refineries, and we see that Iran has a daily oil
production capacity of 3.8 million barrels and over one billion cubic meters of
gas," Owji concluded.
Furthermore, the Minister noted that the country's current daily
refining capacity, including oil and gas refineries, stands at 2.3 million
barrels, while the production capacity of Phase 11 of South Pars would lead to
a savings of $800 million