BAKU, Azerbaijan, March 5
By Elnur Baghishov – Trend:
Iranian Central Oil Fields Company (ICOFC) extracted an average of 41,000 barrels of crude oil, 38,000 barrels of gas condensate and 174 million cubic meters of gas per day, during the first 11 months of the current Iranian year (March 21, 2021 through February 19, 2022), Trend reports citing the company’s website.
Meanwhile, ICOFC planned to extract 146,000 barrels of crude oil, 44,000 barrels of gas condensate and 179 million cubic meters of gas from its existing fields, except for 3 oil fields (Azar, Aban and Paydare-Gharb).
In total, the company has extracted 23 million barrels of crude oil, 13 million barrels of gas condensate and 53 billion cubic meters of gas from its existing fields, excluding the three fields, within 11 months.
The Iranian Central Oil Fields Company has 84 oil and gas fields in 11 provinces of Iran. So far, 13 gas fields and 13 oil fields have been developed.
The ICOFC extracted a total of 63 million barrels of crude oil and gas condensate and 70 billion cubic meters of gas over the last Iranian year (from March 20, 2020, through March 20, 2021).
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