IRAN

South Pars 9-10 Due On Stream ‘In Three Months’

Hamidreza Katouzian, head of the Majlis Energy Committee, told Mehr News Agency on 31 January that sanctions-related cash shortages have delayed the development of several crucial South Pars Phases, costing Iran $3.3bn in lost revenues each year. He said that South Pars Phases 9 and 10 “will start [commercial] production within the next three months, based on the National Iranian Oil Company’s program,”...