North Pars Gas Field is one of the biggest independent gas fields of the country. This field which was discovered in 1967 is located some 120 kilometers south east of Bushehr in water depths of 2 to 30 meters in the Persian Gulf.
In 1963, exploration activities started in this field with carrying out seismic tests and the first exploration well was completed in 1967.The total volume of the gas in place of this field is about 58.9 TCF and the recoverable volume of sour gas is approximately 47.2 TCF. The first design to operate this field was approved in 1977 and after drilling 17 wells and installation of 26 maritime platforms and due to commencement of Islamic revolution and the imposed war the project quitted.
At present, final studies for development of this field - 4 phases- equivalent to 3600 MMscf/d is under implementation. The whole recovered gas from this field will be used for producing 20 Mtpa of LNG.
Final negotiations for development of North Pars gas field is going on with a Chinese company.