BAKU, Azerbaijan, Aug. 9
By Elnur Baghishov – Trend:
The monitoring center of the National Iranian Oil Company (NIOC) was officially put into operation yesterday on August 8, 2021, Deputy Director of the NIOC Farrokh Alikhani said, Trend reports citing company’s website.
Alikhani noted that the National Iranian Oil Company extracts, produces, distributes and trades crude oil, gas, gas condensate, liquefied petroleum gas (LPG) and naphtha. Taking this into consideration, the monitoring center fully reflects all the information, including, quality and quantity of crude oil and gas extraction, and extraction is monitored online.
The deputy director added that based on the data of this center, it will be determined in which area the restoration and restoration work is prioritized.
“In the future, the monitoring center will be more efficient with the addition of downstream data from the oil sector,” he said.
There are currently 74 oil and 22 gas fields in Iran. So, 37 oil fields are operating in the territory of the National Iranian South Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company (ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company (POGC) and 3 gas fields – the IOOC.
Iran’s total hydrocarbon reserves are estimated at 836 billion barrels. With available technology and equipment, Iran can extract 239 billion barrels. Thus, 29 percent of the country's hydrocarbon reserves are recoverable, while 71 percent remain underground.
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