Iranian central gas fields output to reach 318 million cubic meters in winter
Azerbaijan, Baku , Oct.14/ Trend F.Milad/
Iran's central gas fields will daily produce 318 million cubic meters of gas in the upcoming winter, IRNA quoted Managing Director of Iranian Central Oil Fields Company (ICOFC) Mehdi Fakour as saying on Sunday.
ICOFC produced 314 million cubic meters of gas per day last winter, IRNA reported.
The Iranian Central Oil Fields Company (ICOFC) allocated one billion dollars for developing oil and gas fields during the past Iranian Calendar year, Fakour said.
Although it has been planned to allocate $968 million over three years time, but $1 billion was allocated in just a year, he noted.
On Oct.9, Fakour told the IRIB that the company will draw out $1.2 billion from the energy fund to invest in related oil and gas projects by the end of the current calendar year (March 20, 2013).
Four Iranian oilfields, namely Cheshmeh Khosh, Sarvestan, Khesht, and Saa'databad, located in central parts of the country, are in the final stages of development and will start production by the end of the current (Iranian) year, Fakour said on Sept.25.
The Shana News Agency quoted him as saying that Cheshmeh Khosh field's output will be doubled to 180,000 barrels per day. Sarvestan and Saa'databad fields will also start production of 15,000 barrels per day by September, he noted.
The National Iranian Oil Company's managing director Ahmad Qalebani has said that the country's daily oil and gas output 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," Qasemi was quoted as saying.