South Pars Gas Field
Strategic and Economic Value
The South Pars / North Dome field is the world's largest natural gas deposit, shared between Iran (South Pars) and Qatar (North Dome). Iran's section spans 3,700 sq km and accounts for 36% of Iran's total proven gas reserves and about 5.6% of global proven gas reserves. The field's revenue drives a significant portion of Iran's national budget and export earnings. Asaluyeh, the primary processing hub on the Iranian side, is located in Bushehr Province and hosts multiple refinery phases, petrochemical complexes, and LNG processing units. A strike on South Pars phases therefore is both a military and an economic blow of first order.
- South Pars location: Persian Gulf; processing hub at Asaluyeh, Bushehr Province, Iran
- Iranian section area: 3,700 sq km; holds 36% of Iran's total gas reserves
- Field daily production (peak 2025): 730 million cubic metres
- Iran: world's second-largest proven natural gas reserve holder (after Russia)
- South Pars phases: 28 development phases (most operational before 2026)
- Field contributes significantly to Iran's petrochemical exports, which totalled over $14 billion/year pre-sanctions
● Tracked since March 19, 2026 · last seen March 19, 2026 · updates as the daily brief publishes