Petropars
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Petropars: Iran to start extracting Balal gas in two years; output to rise to 500 mcf/d
SHANA (Tehran) – Iran will start extracting gas from Balal field within two years, said the managing director of Petropars Company on Sunday.
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Petropars Key in Iran Oil Industry
TEHRAN (Shana) -- Petropars has a major share in developing Iran’s joint oil and gas fields. The company’s CEO has been outspoken in explaining the company’s status in developing phase 11 of South Pars gas field, Bilal, Farzad B, Forouzan, and South Azadegan fields and cooperation with Latin American firms. So far, the Iranian major has implemented around $27 billion worth of projects.
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Maduro Notes Petropars Capacity in Venezuela Oil Projects
TEHRAN (Shana) -- The President of Venezuela stressed the need to use the capacity of the Iranian company, Petropars, to develop Venezuela’s oil and gas projects.