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Iran discloses amount of saved funds on Kish Island power plants

Oil&Gas Materials 12 July 2020 16:41
Iran discloses amount of saved funds on Kish Island power plants

BAKU, Azerbaijan, July 12

By Elnur Baghishov – Trend:

Kish Island power plants in Hormozgan Province (southern Iran) have saved $1 billion, Director of the Iranian Offshore Oil Company’s (IOOC) branch on Kish Island Shahsavar Arghash said, Trend reports referring to the company’s official portal.

According to the director, the Kish Island’s power plants have saved more than 15 million barrels of diesel over the past 10 years.

Arghash added that the gas that extracted and processed together with oil was used instead of diesel fuel in Kish Island power plants.

“In recent days, 5 million cubic feet (about 141,000 cubic meters) of additional gas processed in Asaluyeh point was transported to the Siri Island and from there to power plants on the Kish Island.

The Iranian Offshore Oil Company(IOOC) is one of the companies operating under the subordinate of the National Iranian Oil Company(NIOC). The company’s operating point is in the Persian Gulf. With the exception of the North Pars, South Pars, Gulshan and Firdovsi fields, all offshore oil and gas fields in southern Iran are operated by the Iranian Offshore Oil Company.

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