The minister, who is accompanying President Seyyed Ebrahim Raeisi in his 8th visit to the province, visited the facilities of the Yadavaran field located 70 kilometers west of the city of Ahvaz near the Iraqi border.

Mohsen Khojastehmehr, the National Iranian Oil Company (NIOC), and Abouzar Sharifi, the Petroleum Engineering and Development Company (PEDEC) managing director, are accompanying the minister in the one-day visit, during which the president officially inaugurates the Sepehr and Josfeir oil fields development project.

The first phase of the Yadavaran oil field development project having a daily production capacity of 110,000 barrels was completed by the Chinese company Sinopec in November 2016.

Sinopec was to continue with the second phase of the field’s development, but the then oil minister refused to hold talks.

Supported by NIOC, PEDEC resumed the Yadavaran development operations after a six-year hiatus in February 2023.

With a $400-million credit line, production from the second phase will reach 42,000 barrels per day by drilling 24 wells.

More than 98 percent of flare gases of the Yadavaran oil field have been collected and sent to NGL 3200 plant.

Flare stacks burnt the bulk of Yadavaran oil field’s associated petroleum gas (APG) until January 2023. The gas delivery to the Persian Gulf Hoveyzeh Gas Refinery (NGL 3200 plant) started as the facility was gradually run.

Given the round-the-clock efforts made by the PEDEC employees, the downstream unit was completed and gas compressors were put into operation, making it possible to transmit around 120 million cubic feet (mcf) of gas to NGL 3200 plant, inject some 20 mcf into the field, and shut down the flare.