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Marun oil and gas producer of Iran discloses project funding

Iran Materials 6 May 2024 13:42 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 6. Iran's Marun Oil and Gas Production Company carried out work on 22 projects in the last Iranian year (from March 21, 2023, through March 19, 2024) with disbursements worth 837 billion rials (about $19.9 million), Executive director of Iranian oil and gas producing company Marun Ghobad Nasseri said, Trend reports.

These programs have been shown to support corporate production, he says.

Nasseri said the company is working on 11 689 billion rial ($16.4 million) projects. These works strive to preserve production.

Marun Oil and Gas Production Company, part of Iran's Southern Oil Zones National Company, operates 404 oil wells. This company produces 562,000 barrels daily. About 360,000 barrels go to Isfahan Oil Refining Company and 202,000 to Kharg Island.

This company produces 570 million cubic feet (16.1 million cubic meters) of gas, 25,000 barrels of liquefied gas, and 7,000 barrels of gas condensate daily.

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