Gas injection to Iranian oilfields to rise by 20mcm
Azerbaijan, Baku, Jul.16/ Trend F.Milad/
Some 20 million cubic meters (mcm) of natural gas will be added to the amount which is currently injected to oilfields in Iran, said an official with the National Iranian Oil Company (NIOC) on Monday.
The official told the Moj News Agency that around 120mcm of natural gas is currently injected to oilfields per day in order to maintain the existing output.
By the end of the sixth calendar month of Shahrivar (September 21), some 20mcm will be added to the injected natural gas. It has been projected that the figure would reach 190mcm by the end of the year (March 20, 2013), the official added.
The NIOC's managing director Ahmad Qalebani has said that the country's daily oil and gas outputs should amount to five million barrels and 1.47 billion cubic meters by 2015.
Oil Minister Rostam Qasemi said in August 2011 that the Iranian government should consider plans for the development of joint oilfields.
The government should increase the budgets for the development of joint oilfields, Qasemi added. "The oil industry's infrastructure needs more than 500 trillion rials (about $41 billion) of investment to achieve objectives of the 20-Year Outlook Plan."