27 August 2022 - 09:54
  • News Code: 461117
Development of Sohrab Joint Oilfield to Start Soon

KHUZESTAN (SHANA) – The CEO of the National Iranian Oil Company (NIOC) said important oil projects are underway in Iran including start of the operation of the Sohrab joint field in the near future.

Addressing a ceremony to honor the government week in the presence of senior oil industry officials including Iranian Minister of Petroleum Javad Owji in Khuzestan on Friday, Mohsen Khojastehmehr said, "Soon exploitation of  Sohrab joint field will start in the West Karoon region."
He further announced the operation of NGL 3200 project in West Karoon region by the end of the current Iranian calendar year which began on March 21,and said: "This project, which collects 500 million cubic feet of gas as feedstock for NGL 3200, will be fully operational by the end of 1401."
Awarding gas collection of Masjid Suleyman Region to Iranian Contractors
The NIOC CEO also announced holding lisencing rounds for collection of flare gases in Masjid Suleyman region to three domestic contractors worth $65 million, and said: "Collecting associated petroleum gases is one of the most important missions of the National Iranian Oil Company. In the past, $1.1 billion worth of gas was collected from Bidboland Persian Gulf Company."
Emphasizing on the 75% share of the National Iranian South Oil Company (NISOC) in NIOC's total crude oil output, Khojastehmehr added: "The investment in NISOC is about $5.5 billion dollars, and 16 gas reserves of Khami Group are planned in this company.  We made sure that it will provide the feed for the downstream sector in petrochemical companies."
He emphasized: "To implement these important missions, we must use the maximum domestic share in the construction sector and use the power of domestic contractors."

News Code 461117

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