IRAN - South Pars Oilfield.

From: APS Review Gas Market Trends | Date: April 2, 2001 | Copyright information

South Pars is a "super-giant" found in 1966 by Shell. It is connected to Qatar's North Field, also discovered by Shell in 1971. NIOC announced the offering of South Pars in Dec. 1991, after a major discovery was made there, calling it "the world's largest" gas field. Its reserves were valued at $200 bn. Then oil minister Aghazadeh said the reservoir contained between 2.5-3 bn barrels of gas liquids (condensate) and "an important oil reserve". He added: "While drilling, oil layers ...

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