Speaking in a news conference on Sunday, Mohammad Reza Naseh noted that a joint consortium was held with Japanese and South Korean partners for the development of phases 6, 7 and 8 of the South Pars gas field.
He went on to say that Phase 14 was fully launched by the Iranian engineers without the presence of foreign representatives or supervisors.
Elsewhere in his remarks, Naseh pointed to the sanctions and the coronavirus pandemic, adding that the imposition of sanctions against Iran and the pandemic forced the country to accelerate the development of the phase.
He pointed to the high potential of Iranian knowledge-based companies and added that his company used maximum technical know-how of these firms to launch Phase 14 of the South Pars gas field.
Phase 14 of the giant South Pars gas field in Iran’s southern coastal province of Bushehr formally came into operation on March 2 in a ceremony attended by President Ebrahim Raisi.
Phase 14 is going to produce a daily output of 50 million cubic meters of sweet gas, 400 tons of sulfur, and 75,000 barrels of gas condensates.
The new phase of the gas field is also expected to produce 1 million tons of ethane and 1 million tons of liquefied petroleum gas (LPG) as petrochemical feedstock per annum.
The Phase 14 project has been fully designed, carried out and operated by Iranian experts under the pressure of foreign sanctions.
The South Pars gas field, whose development has been divided into 28 phases, is located in the Persian Gulf straddling the maritime border between Iran and Qatar.
It covers an area of 9,700 square kilometers, of which 3,700 square kilometers belongs to Iran.