Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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GS Engineering - OIEC, South Pars Phases 9 & 10 Completion

description

The much delayed project to develop South Pars Phases 9 and 10 is nearing completion as LPG storage tanks have come online, and Iran has recently begun shipping refined sulfur products from the facility as well.  The sulfur was exported to China.  South Korea's GS is cooperating with Oil Industries Engineering Company (OIEC) and Iranian Offshore Engineering & Construction Company (IOECC).  Phases 9 and 10 were inaugurated in March 2009.

Status

  • Current Status:
  • Discussion Date:
  • Contract Date:
  • Completion Date:

Citation

1. "Iran: LPG tanks operational at South Pars gas field", Press TV, September 28, 2009, available http://www.presstv.ir/detail.aspx?id=107311&sectionid=351020103.

2. "Iran exports sulfur from phases 9, 10 of South Pars", Press TV, 21 September 2009, available at http://www.presstv.com/detail.aspx?id=106713&sectionid=351020103.

3. "IRAN: Despite sanctions, business as usual.", LA Times, 15 March 2009. Available at http://latimesblogs.latimes.com/babylonbeyond/2009/03/iran-despite-sa.html.

4. "South Korea's GS Engineering completes $2.1b gas plant in Iran", Tehran Times, 17 March 2009, Available at http://www.tehrantimes.com/index_View.asp?code=191187.

All projects by GS Engineering & Construction Co.