BAKU, Azerbaijan, April 2. A new gas field has been discovered in the Jahrom County the Fars Province (southern Iran), Iranian MP and head of the Development Committee of the Iranian Parliament Mohammad Reza Rezaee Kuchi told IRNA, Trend reports.
According to Rezaee, gas exploration has been carried out in the Jahrom County for about 2.5 years. Steps are currently being taken to select a contractor to develop the newly discovered field.
The MP noted that drilling of wells in the gas field will begin in the third month of the current Iranian year (May 22 through June 21, 2022). A total of 7 trillion rials (about $167 million) will be spent in this regard.
“Also, with the operation of the gas field, it is possible to build a gas refinery in the province,” 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 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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