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Iran: Sanctions failed to hinder South Pars oil and gas project, says Rouhani01:19

Iran: Sanctions failed to hinder South Pars oil and gas project, says Rouhani

Iran, Islamic Republic of, Asaluyeh
January 11, 2016 at 23:30 GMT +00:00 · Published

Iranian President Hassan Rouhani announced the completion of the 15th and 16th phases of the South Pars oil and gas project in Asuluyeh in the southern province of Bushehr, Monday, despite the sanctions regime imposed on the oil and gas-rich country by Western nations.

"Khatam al-Anbiya Construction Headquarters of the IRGC has done a great job in completing these two important phases and they showed a harmony and cooperation between the government and other players," said Rouhani.

The Iranian President also stressed that the 15th and 16th phases of the project were the most 'Iranian' phases of the huge project with the country's revenue expected to increase by $20 million (€18.4 million) per day.

The expected daily production of the latest phases of the project is expected to be 56.6 mcm of natural gas, 75,000 barrels of gas condensate, 400 tons of sulfur, 1.05 million tons of liquefied petroleum gas (butane and propane) and 1 million tons of ethane per annum.

Video courtesy of IRINN – Iran state TV news channel

Iran: Sanctions failed to hinder South Pars oil and gas project, says Rouhani01:19
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Iranian President Hassan Rouhani announced the completion of the 15th and 16th phases of the South Pars oil and gas project in Asuluyeh in the southern province of Bushehr, Monday, despite the sanctions regime imposed on the oil and gas-rich country by Western nations.

"Khatam al-Anbiya Construction Headquarters of the IRGC has done a great job in completing these two important phases and they showed a harmony and cooperation between the government and other players," said Rouhani.

The Iranian President also stressed that the 15th and 16th phases of the project were the most 'Iranian' phases of the huge project with the country's revenue expected to increase by $20 million (€18.4 million) per day.

The expected daily production of the latest phases of the project is expected to be 56.6 mcm of natural gas, 75,000 barrels of gas condensate, 400 tons of sulfur, 1.05 million tons of liquefied petroleum gas (butane and propane) and 1 million tons of ethane per annum.

Video courtesy of IRINN – Iran state TV news channel

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