Asset Report
South Pars Phase 12
*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 supergiant gas field located in the Persian 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. The development of South Pars Phase 12 (SP12) was carried out by Petropars under a buy-back ...
Table of contents
- Summary
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Key Issues
- Buy-back contract
- Field structure
- Reservoirs
- Sulphur production
- Emissions
- Offshore
- Onshore
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Capital costs
- Buy-back capital costs
- NIOC capital costs
- 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
- 9 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 and hydrocarbon characteristicsReserves (2P) at 01/01/2026Production (2016-2025)Buy-Back production profileNIOC production profilePipeline summaryOperating Costs 2026 to 2030 (US$ million)Sulphur revenues 2026 to 2030 (US$ million)
- 17 more item(s)...
What's included
This report contains:
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