Phase 12 is slated for LNG export (2 Bcf/d), reinjection (0.7 Bcf/d), and condensate production (around 100,000 bbl/d), possibly beginning around 2010. The consortium slated to export the LNG is called "NIOC LNG." As of mid-2005, both Eni and Statoil were in the running to participate in developing Phase 12; BG reportedly withdrew from participation in June 2005.
Meanwhile, a Shell-led consortium called "Persian LNG" hopes to win Phase 13, which is slated for LNG export (2 Bcf/d) and LPG production (80,000 bbl/d) starting in 2010. In September 2004, Shell signed a framework agreement on the $4 billion project, along with NIOC, Repsol and YPF. According to Shell, a final investment decision on the project is due by the end of 2006.
Phase 14 of South Pars is slated for gas-to-liquids (GTL) development, with Statoil and Shell reportedly interested.
In January 2005, phases 15-16 of the South Pars project were initially awarded to a consortium of international and domestic companies led by Norways Aker Kvaener. Subsequently, they were re-tendered. The two phases are expected to cost $2 billion to develop. They are expected to produce 2 Bcf/d of Natural Gas for domestic use, plus 80,000 bbl/d of condensate and 1 million tons per year of LPG for export.
Phases 17 and 18 of South Pars are expected to produce 2 Bcf/d of natural gas, possibly for export to Pakistan/India, plus 70,000 bbl/d or so of condensates. In late 2004, Iran invited companies to bid on Phases 17 and 18.