A senior Iranian oil industry official says Iranian contractor companies have indicated their readiness to develop phase 11 of the South Pars gas field if the Chinese contractor fails to do so, Press TV reports.
Mousa Souri, managing director of the Pars Oil and Gas Company, noted that phase 11 of the South Pars gas field is located on the sea border with Qatar and should be developed as fast as possible to preserve Iran’s national interests.
The official added that despite pressures put on China National Petroleum Corporation (CNPC), which is the main contractor, the project has not progressed on schedule.
