Iran is ramping up production at phase 11 of its South Pars gas field this winter, and is actively looking for export markets to sell the additional gas it produces
The gas output from Phase 11, and from all other 23 phases of supergiant South Pars natural gas field, will be increased dramatically, a senior oil industry figure close to Iran's Ministry of Petroleum has said.
Tehran, Nov 1 (Prensa Latina) Iran and Russia signed a gas contract worth 6.5 billion dollars, Deputy Foreign Minister for economic diplomacy Mehdi Safari announced today.