Iranian President Hassan Rouhani formally inaugurated four new phases of South P...
Iranian President Hassan Rouhani gestures to the crowd at a public speech in Bandar Kangan, Iran March 17, 2019. Official Iranian President website/Handout via REUTERS
Iran has invested $11 billion to complete the four phases and they will increase the country’s gas production capacity by up to 110 million cubic meters per day, the statement said. Gas production at South Pars will exceed 750 million cubic meters per day by late 2019, Zanganeh said on Sunday, according to SHANA, the news website of the Iranian oil ministry.
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