BAKU, Azerbaijan, Dec. 11
By Elnur Baghishov – Trend:
Iran's South Zagros Oil and Gas Production Company (SZOGPC) is currently implementing three projects worth 280 million euros, Executive Director of the company Abolhassan Mohammadi said, Trend reports citing the company’s website.
He made the remark during a meeting with members of the energy committee of the Iranian parliament.
Mohammadi noted that under the 3 projects, Homa and Varavi stations on increasing gas pressure and Tabnak Gas Processing Center are being built.
The director added that the SZOGPC currently accounts for 9 percent of Iran's total gas production and supplies gas to the Parsian Gas Refinery.
"Currently, there are no problems in the company's extraction. If the company’s incentive plans are approved by the energy committee of the Iranian parliament, it is possible to increase production without the participation of foreigners," he said.
The South Zagros Oil and Gas Production Company (SZOGPC) are one of three subsidiaries of the Iranian Central Oil Fields Company (ICOFC). The South Zagros Oil and Gas Production Company currently has 9 gas fields - Aghar, Dalan, Nar, Kangan, Sarkhoon, Tabnak, Homa, Varavi, Shanol and 2 oil fields - Saadatabad and Sarvestan in operation.
The South Zagros Oil and Gas Production Company extracted about 23 billion cubic meters of gas, 7.5 million barrels of gas condensate and 1.14 million barrels of crude oil during the first six months of the current Iranian year (March 21 through September 22, 2021).
The SZOGPC plans to produce 165 million cubic meters of gas daily from 9 gas fields by the end of the current Iranian year (March 21, 2021 through March 20, 2022).
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