MP: Top priority for Iran to develop joint oilfields next year
Azerbaijan, Baku, Nov.5/ Trend F.Milad/
The development of joint oil and gas fields will still remain one of the top priorities in the country's next year budget bill, Member of Iran's Parliament (Majlis), Mohammad Saeed Ansari said on Monday, the SHANA News Acengy reported.
Iran is daily losing some $2.4 billion in its joint oil and gas fields, Member of Iran's Parliament (Majlis), Mohammad Ali Abdollahzadeh, said on October 13.
Since Iran has not invested enough money in its joint oil and gas fields, the nation is now lagging behind neighbours in production, the Mehr News Agency quoted Abdollahzadeh as saying.
He also supported the possible increase in oil sector's share of budget.
Iran plans to boost South Pars gas field's daily output up to 800 million cubic meters by the end of Iranian calendar year 1393 (March 19, 2015), the Managing Director of Pars Oil and Gas Company said on Sunday.
By reaching the point, Iran will outpace Qatar in tapping the joint gas field, the IRNA news agency quoted Mousa Souri as saying.
Qatar currently extracts 550-560 million cubic meters of gas per day.
The NIOC director Ahmad Qalehbani had said in September that the National Iranian Oil Company (NIOC) attaches the top priority to the development of joint oil and gas fields.
He referred to the key role of explorations in the oil sector, adding, development plans at border areas are of high importance, he said, the Shana news agency reported.
Oil Minister Rostam Qasemi has ordered all contractors of the South Pars gas field development projects to work round the clock in three shifts to complete development of all phases, especially the phases 12, 15, 16, 17 and 18.