Production starts at phase-11 of the world's largest gas field.

Iran's South Pars gas field is one half of the world's largest gas resource - the other being Qatar's North Field - so any official announcement on production plans from there is a major event. It is even more dramatic if it relates to the often-delayed and exceptionally controversial Phase 11 of South Pars (SP11), which for a long time has been a focal point for proxy hostilities between West and East. Consequently, comments last week from Iran's Petroleum Ministry that gas production has now finally started from Phase 11 has set pulses racing in...

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