...

Iranian minister talks co-op potential between universities, downstream companies

Business Materials 25 February 2020 18:07 (UTC +04:00)
Iranian minister talks co-op potential between universities, downstream companies

BAKU, Azerbaijan, Feb. 25

By Elnur Baghishov - Trend:

There is good potential for cooperation between universities and companies operating in the downstream sector in Iran, Iranian Oil Minister Bijan Zangeneh told reporters after a meeting with rectors of universities that have signed contracts with companies operating in Iran’s oil sector, Trend reports referring to the Shana news agency.

Zangeneh noted that 13 departments have been established at universities for training specialists for the downstream industry, adding that four of them account for the gas sector, five for oil products’ refining and distribution sector and four for the petrochemical sector.

The minister said that partnership has been established between companies in the gas sector with the departments for training professionals for such industry sectors as turbine production, LNG technology, and sweetening and processing of natural gas.

Zangeneh added that these institutions need investments to create infrastructure, noting that the Iranian Oil Ministry will help them.

Commenting on the installation of Platform A as part of Phase 13 of the South Pars gas field, which is a joint field of Iran and Qatar (this field is called North Dome in Qatar), Zangeneh said that the next platform as part of this phase will be installed by the end of this Iranian year (March 21, 2020), thus installation work as part of 27 phases of the South Pars field will be completed.

The minister hasn’t commented on the phase 11 of the South Pars gas field. Although the development of this phase was initially entrusted to some foreign companies, the development of this phase was later entrusted to Iranian PetroPars company because these foreign companies left Iran.

The proven reserves of the South Pars Gas Field have reached 51 trillion cubic meters of gas (36 trillion extractable).

Presently, 630 million cubic meters of gas may be extracted from Iran's South Pars gas field daily.

After new platforms are commissioned at five phases (13, 14, 22, 23 and 24), gas production volume will increase up to 680 million cubic meters a day.

Tags:
Latest

Latest