A senior official said Iran plans to increase gas production at the
South Pars field to 175 million cubic meters per day by 2013.
The official said production at South Pars has risen nearly 30 percent over the last year
to 162 million cubic meters per day.
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"By the end of Iranian year 1391 [mid-2012] South Pars gas production
capacity will increase to 175 million cubic meters per day," Pars Oil and
Gas Co. managing director Ali Vakili said.
Teheran has sought to raise capital to develop South Pars amid U.S.
efforts to tighten sanctions on Iran's energy sector. On May 3,
Teheran opened the second stage of a bond issue to raise 250 million euro
for South Pars.
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