facilities near Asaluyeh The South Pars Field was discovered in 1990 by
National Iranian Oil Company (NIOC). Each of the phases is estimated to have an average capital spend of around US$1.5 billion, and most will be led by foreign oil firms working in partnership with local companies. The government of Ahmadinejad, who came to power in 2005, favoured
local firms over foreign companies in the energy and other sectors. By the beginning of 2008, phases 1, 2, 3, 4 and 5 had been brought to production and by the end of 2008, phases 6, 7, 8, 9 and 10 were planned to be on stream. Phases 12, 15, 16, 17, 18, 19, 27 and 28 were under different development stages. On 18 March 2026, during the
2026 Iran war, phases of the Iranian South Pars gas field were
struck by an Israeli airstrike. Following the strike, several gas phases were closed.
Project finance As of December 2010, about $30 billion had been invested in South Pars gas fields' development plan. It was estimated that the amount would reach over $40 billion by 2015. In 2024, Iran scheduled a $70 billion plan to maintain gas pressure and keep vital petrol production. Economic studies showed with the operation of each South Pars phase, one percent was added to the country's gross domestic product (GDP), while phase 12 was expected to add more than three percent of GDP.
South Pars phases visits south Pars Gas field on January 25, 2002. As at 2012, some 400
Iranian companies were taking part in the development of the South Pars gas field through supplying equipment to related projects. • Phase 1 was developed by
Petropars to produce per day of natural gas, of condensate, 1500 tons of LPG per day plus 200 tons of sulfur per day. • Phases 2 and 3 were developed by a consortium of
Total S.A.,
Petronas and
Gazprom to produce per day of natural gas, of condensate, 3000 tons of LPG per day plus 400 tons of sulfur per day. It came online in March 2003. • Phases 4 and 5 were developed by
Eni and Petropars, to produce per day of rich natural gas, per day of ethane, of condensate, 3000 tons of LPG per day plus 400 tons of sulfur per day. • Phases 6, 7 and 8 being developed by Petropars and
Statoil to produce lean gas for re-injection into the Aghajari oilfield, and heavy gas and condensate for export. It involves construction of three offshore platforms in addition to the land based facilities. Statoil is developing the offshore platforms while Petropars is developing the land based facilities. A pipe will be laid from each platform to the coast. These phases will produce per day of natural gas, of ethane, of condensate, 4500 tons of LPG per day plus 600 tons of sulfur per day. • Phases 9 and 10 being developed by a joint venture of GS of South Korea, Oil Industries Engineering and Construction Company (OIEC Group) and Iranian Offshore Engineering and Construction Company (IOEC), in September 2002. The share of Iranian players in this contract exceeds 60%. These phases produce per day of natural gas, per day of ethane, of condensate, 3000 tons of LPG per day plus 400 tons of sulfur per day. Phases 9 & 10 were inaugurated by President Ahmadinejad in March 2009. • Phase 11 will produce LNG through the
Pars LNG project. The project was awarded to
China National Petroleum Corporation in 2010 after that France's
Total S.A. was excluded from the project by Iran. Finally in December 2016, the memorandum of understanding for development of this phase has been awarded to a consortium of Total from France, CNPC from China and Petropars from Iran. After September 2021, the development plans of this gas field continued by entrusting the continuation of the work to Iranian companies, including National Oil Company, Petropars, Pars Oil and Gas and Marine Facilities. In June 2023, the 3,200-ton platform, the heaviest in the South Pars field, was moved and installed in an unprecedented operation by Iranian experts, and gas production from this phase started. • Phase 12 development begin carried out by Petropars as a LNG project. This phase will produce per day of rich natural gas, of ethane, of natural gas condensate, 3000 tons of LPG per day plus 400 tons of sulfur per day.
Venezuela’s state-owned oil company
Petroleos de Venezuela S.A. (PDVSA) will finance 10% of the $7.8 billion project.
Angola’s
Sonangol Group has also been awarded a 20% stake in phase 12 project. The Iranian
Khatam-ol-Osea Consortium is made up of several large Iranian companies, namely
Khatam al-Anbiya Construction Headquarters, OIEC,
SADRA,
ISOICO,
IDRO and
NIDC. The contract to develop phase 13 was signed with a consortium comprising
Mapna,
SADRA and
Petro Pidar Iranian companies and the phase 14 with another consortia consisting of IDRO, NIDC,
Machine Sazi Arak (MSA) and
Iranian Offshore Engineering and Construction Company (IOEC). • Phases 15 and 16 development was awarded to
Khatam al-Anbiya Construction Headquarters. These phases will produce per day of natural gas, of ethane, of natural gas condensate, 3,000 tons of LPG per day plus 400 tons of sulfur per day. In July 2010, the project was transferred to
Iran Shipbuilding & Offshore Industries Complex. At that time, the $2 billion project was already 50% complete. Phase 15 & 16 will be completed by March 2012. • Phases 17 and 18 development was assigned to a consortium of OIEC, IOEC and IDRO. These phases produce per day of natural gas, of ethane, of natural gas condensate, 3,000 tons of LPG per day plus 400 tons of sulfur per day. Phases 17 & 18 were inaugurated by President
Hassan Rouhani in April 2017. • Phase 19 development was awarded to Petropars. • Phases 20 and 21 development was awarded to OIEC Group. per day of natural gas, of ethane, of natural gas condensate, 3,000 tons of LPG per day plus 400 tons of sulfur per day. Phases 20 & 21 were inaugurated by President Hassan Rouhani in April 2017. • Phases 22, 23 and 24 were awarded to
Khatam al-Anbiya Construction Headquarters,
Petro Sina Arian and
SADRA and are located in the north-eastern frontier of the field. The aim of phases 22, 23 and 24 development is to produce per day of natural gas, of natural gas condensate, and 300 tons of sulfur per day. The three phases also are designed to produce 800,000 tons of LNG and 750,000 tons of ethane per year.
Scale and impacts of delays By the end of 2008, Qatar's cumulative production from the field was two times higher than Iran's cumulative production from the field. Qatar produced about of natural gas in the period of 1997 to 2008, while Iran produced about of natural gas in the period of 2003 to 2008. The 2:1 ratio of Qatar's cumulative gas production from the field to Iran's is forecasted to continue at least for the short term: by the end of 2011, Qatar's total cumulative production from the field will reach of natural gas, while Iran's will stand at of natural gas in the same year. The ratio is maintained mainly because Qatar's annual production is almost twice the Iranian production level. In 2011, Qatar will reach an annual production capacity of natural gas per year, while in that year Iran's production capacity will reach per year. If Iran could implement all of its South Pars planned development projects on time, then it would reach the production capacity of of natural gas per year, not earlier than 2015. The most important impact of delays and lower production in Iranian side would be migration of gas to the Qatari part and a loss of condensate yield due to decreased field pressure. ==North Dome development==