Kish gas Field is a giant gas field close to Kish Island in the Persian Gulf.
It is one of the NIOC Recent Discoveries which was discovered in 2006 and holds 66e12cuft of gas in place of which 50e12cuft is recoverable.[1] The field also holds at least 1Goilbbl of condensate of which at least 331Moilbbl are recoverable.[2]
The field gas is sweet, it contains 50-80 PPM hydrogen sulphide.The field has the potential of producing 4000 million cubic meters of natural gas per day.
In February 2010, an Iranian consortium headed by Bank Mellat signed a $10-billion agreement with the National Iranian Oil Company (NIOC) to develop the Kish gas field. The gas field will produce 85 million cubic meters of natural gas per day[3]