Middle East Economic Survey

VOL. XLVIII

No 28

11-July-2005

Iran

Statoil Proposes 30% South Pars Phases 6-8 Capacity Increase

Norways Statoil, operator of the offshore development section of the South Pars gasfield Phases 6-8 project, has proposed to the National Iranian Oil Company (NIOC) that production capacity of the facilities should be expanded to 3.9bn cfd from the planned 3bn cfd. MEES understands that Statoils suggestion is based on better than anticipated productivity of the fields...