30 September 2020 - 18:00
  • News Code: 307917
KOGPC Realizes Production Plan in H1

TEHRAN (Shana) -- The CEO of Karoun Oil and Gas Production Company (KOGPC) announced the realization of 101% of the company's crude oil production plan in the first half of the current calendar year, which began on March 21.

According to the National Iranian South Oil Company (NISOC), Gholamreza Mofidi said his company’s output exceeded its planned production during the period despite the difficulties caused by the sanctions and while observing environmental and safety requirements.

He added: "By carrying out repair measures and intensifying control procedures, another valuable achievement was achieved in collecting associated petroleum gases, and the average amount of gas sent to the flare stacks of Karoun Company in the first half of this year decreased by 80% compared to the same period last year to reach less than 3 million cubic feet per day."

News Code 307917

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