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Petropars’ efforts to deal with part of the gas imbalance this winter

  Petropars’ efforts to deal with part of the gas imbalance this winter

In the public meeting of the Islamic Consultative Assembly, the oil minister announced Petropars’ and NIOC’s efforts to increase production in order to deal with the gas imbalance.

According to the report of  Public Relations and International Affairs of Petropars Group, Oji attended the public meeting of the Islamic Consultative Assembly on 8 October. In a part of his report, he announced the efforts to resolve the gas imbalance in winter and said, "This year, our colleagues in the Ministry of Petroleum have made short-term plans to resolve the gas imbalance problem in this cold season".

 He added, "This year, the 1st phase of South Pars Phase 11 development project will be put into operation with the efforts of Petropars and NIOC staff with a daily extraction of 14 million cubic meters".

The oil minister also said, "74 to 75 percent of the gas needed in Iran is supplied from the South Pars joint field".

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Established in 1998, Petropars Ltd. (PPL) was founded in order to contribute towards the development of Iran’s vast energy resources PPL specializes as a developer of exploration exploitation and production in upstream projects... Read more

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