This field which was discovered in 1967 is located some 120 kilometers south east of Bushehr province in water depths of 2 to 30 meters in the Persian Gulf.
The first design to operate this field was approved in 1977 and after drilling 17 wells and installation of 26 maritime platforms and due to commencement of Islamic revolution and the imposed war the project was stopped.
At present, final studies for development of this field - 4 phases- equivalent to 3,600 million cubic feet per day (100,000,000 m3/d) is under implementation.
The MoU was extended in December 2006, to incorporate development of a four-train LNG facility with a 20 mtpa capacity.
Final negotiations for development of North Pars gas field is going on with a Chinese company.