TEHRAN, Jan. 5 (Xinhua) -- Iran's President Mahmoud Ahmadinejad said Saturday that the country plans to double natural gas production from the South Pars field, Press TV reported.
Iran plans to double natural gas extraction from the South Pars gas field in the next six months, Ahmadinejad was quoted as saying during a ceremony to inaugurate Iran's biggest natural gas storage facility.
According to the report, Iran is currently producing 300 million cubic meters of natural gas per day from South Pars field.
The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency (IEA), the field holds an estimated 1, 800 trillion cubic feet (51 trillion cubic meters) of in-situ natural gas and some 50 billion barrels (7.9 billion cubic meters) of natural gas condensates.
In December, Iranian Oil Minister Rostam Qasemi said that his ministry would soon strike gas deals with different countries.
"We are finalizing (agreements for) gas exports to different countries," he said.