Azerbaijan, Baku, Oct.14/ Trend F.Milad/
Iran plans to boost South Pars gas field's daily output up to 800 million cubic meters by the end of Iranian calendar year 1393 (March 19, 2015), the Managing Director of Pars Oil and Gas Company said on Sunday.
By reaching the point, Iran will outpace Qatar in tapping the joint gas field, the IRNA news agency quoted Mousa Souri as saying.
Qatar currently extracts 550-560 million cubic meters of gas per day.
The NIOC director Ahmad Qalehbani had previously said that the National Iranian Oil Company (NIOC) attaches the top priority to the development of joint oil and gas fields.
He referred to the key role of explorations in the oil sector, adding, development plans at border areas are of high importance, he said, the Shana news agency reported.
According to national development plans, crude oil and natural gas outputs should reach 5.1 million barrels and 1.4 billion cubic meters per day by 2015, respectively, the ISNA News Agency quoted Qalebani as saying.
Iran has attached priority to boosting gas production capacity from its joint oilfields with Qatar and Saudi Arabia.
Oil Minister Rostam Qasemi has ordered all contractors of the South Pars gas field development projects to work round the clock in three shifts to complete development of all phases, especially the phases 12, 15, 16, 17 and 18.
The South Pars gas field is shared by Iran and Qatar. The Iranian share, which is divided into 29 phases, has about 14 trillion cubic meters of gas, or about eight percent of the total world reserves, and more than 18 billion barrels of liquefied natural gas resources.