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Iran's Marun Oil & Gas Production Company manufactures certain equipment

Oil&Gas Materials 24 January 2021 07:01
Iran's Marun Oil & Gas Production Company manufactures certain equipment

BAKU, Azerbaijan, Jan. 23

By Elnur Baghishov – Trend:

Iran's Marun Oil and Gas Production Company (MOGPC) has manufactured about 2,700 units of equipment and spare parts since the beginning of the current Iranian year (March 20, 2020), the Executive Director for MOGPC Hamid Kavian told Shana news agency, Trend reports.

According to Kavian, the manufacturing of equipment and spare parts continues with attraction of local specialists.

He added that the company manufactured 5,400 units of equipment and spare parts.

The director emphasized that the Marun Oil and Gas Production Company has fulfilled its manufacturing plan by 100 percent. If any decision is made to increase oil production, the company is fully prepared to extract oil as it did before the sanctions.

Kavian also noted that 7 of Iran's main oil reservoirs are under Marun Oil and Gas Production Company.

The Marun Oil and Gas Production Company, which operates under the auspices of the National Iranian South Oil Company (NISOC), extracts oil from 404 oil wells. The company's daily oil extraction is 562,000 barrels. About 360,000 barrels of it is transported to the Esfahan Oil Refining Company, and the rest (202,000 barrels) to the Kharg.

The company also extracts 570 million cubic feet (about 16.1 million cubic meters) of gas, 25,000 barrels of liquefied gas and 7,000 barrels of gas condensate per day.

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