...

Iran’s NISOC boosts crude oil extraction

Oil&Gas Materials 24 March 2021 00:50 (UTC +04:00)
Iran’s NISOC boosts crude oil extraction

BAKU, Azerbaijan, Mar. 24

By Elnur Baghishov – Trend:

The crude oil extraction of the National Iranian South Oil Company (NISOC) has increased by 40,000 barrels daily with the launch of a saline oil pipeline from the Mansuri oil field to the Ahvaz desalination center, the Technical Director of NISOC Sadegh Fatollahi said, Trend reports referring to the company's website.

Fatollahi noted that the saline crude oil has been transported through this pipeline for testing for about 1 month. And the pipeline is ready for officially put into operation.

The director added that the 12-inch pipeline was laid within plans to maintain and increase crude oil extraction.

"The 3 km pipeline was laid in 4 months in cooperation with the Marun Oil and Gas Production Company (MOGPC) and the Oil and Energy Industries Development (OEID)," he said.

The National Iranian South Oil Company, a subordinate of National Iranian Oil Company, operates 45 large and small hydrocarbon deposits in an area of 400,000 square kilometers from Iran's Bushehr Province to the north of Khuzestan Province. The company extracts about 80 percent of Iran's crude oil and 16 percent of gas. The company reportedly extracts about 3 million barrels of oil per day.

Tags:
Latest

Latest