According to a report, during the recent meeting between the president and members of the government delegation, the leader of the revolution highlighted the significant growth in the production of petrochemical products and, highlighting useful measures in the field of oil and gas, considered the opening of the 11th stage of South Pars as an example of growth in this area. Oil Minister Javad Oji gave the explanation in an interview with the leaders' website.
He said: The South Pars Phase 11 plan sat on the ground for 20 years. Government to government and contract to contract changed hands and nothing special happened.
The latest was the Total contract, worth $4.8 billion for the entire development of the 11th phase. With the opening of phase 11 of South Pars, carried out a few days ago, we started work with a capacity of between 7 and 10 million, and with the increase in the number of wells we will reach 50 million meters cubes.
The Minister of Oil also said: In the common field of South Pars, on the other side of us there are strong international companies, without any restrictions, and on that side we are subject to severe sanctions. Despite all this, our production from the South Pars field is ahead of that of the neighboring country.