Asset Report
South Pars Phase 1
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
South Pars is a super-giant gas field located in the Persian/Arabian Gulf. Iran shares the field with Qatar, where it is known as the North Field. The northeast part of the field is in Iran, while the main part is in Qatar. It is the world's single largest gas accumulation with over 2,000 tcf of recoverable resources.South Pars is being developed in 24 phases - each covering a discrete area. PetroPars, a subsidiary of the National Iranian Oil Company (NIOC), developed South Pars Phase 1 ...
Table of contents
- Summary
- Key Issues
- Sulphur production
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Emissions
- Offshore
- Pipelines
- Onshore
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Capital costs
- Buy-Back
- NIOC
- Operating costs
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Buy-back contract terms
- Cost recovery
- Remuneration fee
- Income tax
- Entitlement
- Royalty
- Bonuses
- Depreciation
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NIOC contract terms
- Government priority production
- Income tax
- Capital and operating costs
- Depreciation
- Cash flow
- Condensate price
- LPG price
- Ethane price
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapDetail mapParticipation
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Reservoir characteristicsField hydrocarbon characteristicsReserves (2P) at 01/01/2026Production (2016-2025)Buy-Back production profileNIOC production profileOperating Costs 2026 to 2030 (US$ million)Sulphur revenues 2026 to 2031 (US$ million)
- 18 more item(s)...
What's included
This report contains:
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