Iran has delivered for export the first shipment from a new development phase of the giant gas field South Pars, including 300,000 barrels of condensate, Iranian media report , quoting the operator of the South Pars phase 13 project. The delivery of the cargo for export was made last week, before Iran’s President Hassan Rouhani officially inaugurated four new phases of development at South Pars. This past weekend, Rouhani officially launched four new development phases at the giant South Pars offshore gas field, which will add 110 million cubic meters to the daily output of the field. The expansion costs US$11 billion, Reuters reports . Last week, Iran’s Oil Minister Bijan Zanganeh said that South Pars would produce from 27 phases of development within a year. After the U.S. sanctions on its oil industry returned and forced international companies to withdraw from doing business with Iran, the Islamic Republic […]