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Iran could become helium gas exporter in future - NIOC

Oil&Gas 15 January 2022 11:55 (UTC +04:00)
Iran could become helium gas exporter in future - NIOC

BAKU, Azerbaijan, Jan. 15

By Elnur Baghishov – Trend:

Iran may export helium gas in the future, 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.

The deputy minister noted that currently, the issue is of great importance for Iran.

Khojasteh Mehr also added that work is underway with technical and startup companies to extract and produce helium gas within the country, and a plan in this regard will be approved soon.

According to the CEO, the Iran-Qatar joint South Pars gas field (called North Dome in Qatar), which is the world's largest gas field, covers enough volume of helium.

"However, Iran is currently one of the countries importing helium gas and using the gas in various industries," he said.

The South Pars gas field (called North Dome in Qatar) is a joint gas field of Iran and Qatar. The proven reserves of the South Pars Gas Field are estimated at 51 trillion cubic meters of gas, of which 36 trillion are extractable. Iran's share in the field is 14 trillion cubic meters of gas and 18 billion barrels of gas condensate. Iran has so far spent $90 billion on projects of the South Pars gas field.

The phases of the South Pars gas field are located in an area of 3.7 km. Iran has extracted more than 1.8 trillion cubic meters of gas and 2.2 billion barrels of gas condensate worth $335 billion by the end of last Iranian year (March 20, 2021).

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