The South Pars/North Dome field is the largest gas reservoir in the world, which is located on the borderline of Qatar and Iran. This is one of the main energy sources, holding an estimated 51 trillion cubic meters of natural gas and 7.9 billion cubic meters of natural gas condensates. The gas field engulfs an area of 9,700 square kilometers, of which 3,700 square kilometers is located in Iran’s territorial waters.
The Islamic Republic of Iran kicked off development projects of the South Pars gas field nearly 20 years ago. Iranians succeeded in extracting some 12 billion cubic meters of gas in 2002, which was only 10 percent of Iran’s gas production in that year. Now, thanks to a 90 billion dollar investment, the South Pars supplies more than 70 percent of Iran’s gas requirement.
Iran’s daily extraction of natural gas from the field stood at 700 million cubic meters in the last winter; then, the country could provide households, industries, and power plants with a constant stream of gas in the last year.
The Iranian government has started a breathtaking marathon to increase the extraction and production of gas, especially from the field. The completion of disputed phases of the South Pars gas field will increase gas extraction by more than 120 million cubic meters per day.
The increase of natural gas extraction from the South Pars gas field led to a 90 percent growth in Iran’s gas export. The official figures show that the country exports about 80 million cubic meters on a daily average.
The natural gas production in the South Pars field has helped the environment because people stopped using firewood for cooking and warming their homes.