BAKU, Azerbaijan, Jan. 12
By Elnur Baghishov – Trend:
Optimizing the consumption of energy carriers in Iran is as important as production, Iranian Deputy Oil Minister and the CEO of the National Iranian Oil Company (NIOC), Mohsen Khojasteh Mehr said, Trend reports citing the company’s website.
He emphasized that optimizing the consumption of energy carriers is important both in terms of consumption and in terms of environmental pollution.
Khojasteh Mehr added that for example, Iran needs to spend about $6 billion to produce 50 million cubic meters of gas per day.
“However, instead of spending so much money, it is more profitable to save 20 million cubic meters of gas used for residential and commercial facilities,” he said.
The deputy minister noted that in recent days, the National Iranian Gas Company (NIGC) has received 980 million cubic meters of gas per day.
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 1.2 trillion barrels. With available technology and equipment, Iran can extract 340 billion barrels. Thus, 30 percent of the country's hydrocarbon reserves are recoverable, while 70 percent remain underground.
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