Iran to develop South Pars oil field under new oil contracts
Tehran, Iran, Aug.22
Director of Integrated Planning and Director at National Iranian Oil Company (NIOC) Karim Zobeidi announced the development of an oil layer of South Pars field under new oil contracts within Iranian Petroleum Contracts (IPC), Trend reports citing IRNA.
“There are plans to increase the recovery rate and production at Cheshme Khosh, West and East Paydar, Sepehr and Jaffir fields under new contracts,” he added.
In his words, the plans for collecting flare gases are in progress to protect the environment. “In this regard, the NGL-3200 will be established in West Karoun,” he noted.
Petroleum Engineering & Development Company has intended to execute the NGL-3200 project as an EPCF contract with the purpose to receive 500 million ft3 of sour gas per day from West Karoun Oil fields (Darkhoein, Yadavaran, Jofeir, Bande Karkhe, Azadegan and North Azadegan) as well as to produce and process C2+, CO, lean gas and sulfur.
Zobeidi noted that some of the associated gas will be transferred to Naft Shahr or Saadat Abad fields through auctions to private sector.
Speaking about the collection of associated gas in Kharg field, Zobeidi said that NGL will be set up for this purpose, but the contract was revised. "The contractors are currently being selected and we hope to achieve significant progress by 2020,” he added.
“Our plan is to collect associated gas in South Pars as well,” he said. “Of course, this task has been transferred to the National Gas Company, which, in addition to environmental considerations, will prevent the loss of gas.”
He also spoke about social responsibility projects of NIOC in Khuzestan Province in connection with the floods at the beginning of the Iranian year (started on March 21, 2019).
“We have already approved allocation of $31 million rebuilding rural schools, households and hospitals and providing medical equipment for health services,” he said.