Baku, Azerbaijan, Sept. 21
Trend:
The National Iranian Oil Company (NIOC) announced that it is studying technical proposals for the development of the Kish gas field, the Persian Gulf's second largest gas field after South Pars.
In a recent statement, NIOC said proposals by Russia’s Gazprom and Rosneft, Royal Dutch Shell, Italy’s Eni, Iran’s Ghadir Investment Co., Korea Gas Corporation (Kogas) are being studied and the results would be announced accordingly, Shana news agency reported.
Kish is believed to be one of Iran’s biggest gas fields with an estimated 1.3 trillion cubic meters of natural gas in situ and more than 500 million barrels of gas condensate. It is located 30 kilometers east of Lavan Island in the Persian Gulf.
The Kish field is planned to be developed in five phases. It is the second biggest gas field in the Persian Gulf after the giant South Pars field, shared by Iran and Qatar.