South Pars Gas Field, Phase 19
Cost: $1 billion (estimated)
Location: offshore and onshore Iran

One of the largest gas fields in the world, South Pars is located on the Iranian border with Qatar in the Persian Gulf. Phase 19 is expected to start-up in 2018 and consists of the drilling of 15 wells on three wellhead platforms around 120km away from the Persian Gulf Coast. The gas and condensates extracted from these wells will then be transferred to a series of onshore facilities in the Tumbak region via 2 submarine gas pipelines around 129km in length. 
    It is anticipated that Phase 19 will produce 2 billion cubic feet per day of natural gas, 75 million cubic feet of ethane, 80,000 barrels per day of natural gas condensate, 3,000 tons of LPG per day and 400 tons of sulfur per day.