Iran increases gas injection into oilfields

Business Materials 1 June 2015 15:44 (UTC +04:00)

Baku, Azerbaijan, June 1

By Umid Niayesh - Trend:

Iran has increased gas injection into its oil fields during the first two months of the current Iranian fiscal year (March 21-May 22), Abdol Hossein Koutaki, director of the first zone of National Iranian Gas Transmission Company said.

At least three billion cubic meters (bcm) of gas was injected into the oil fields run by National Iranian South Oil Company (NISOC) during the period, Koutaki said, the official IRIB news agency reported June 1.

The official further said that the figure indicates an increase by 69 percent year on year.

He said that some two bcm was injected into Aghajari field, 800 mcm to Karanj field and 250 mcm to Koupal field during the two-month period.

Iran injects gas into its oil fields, which are mostly in the second half-life, in order to increase recovery from them.

Over 150 million cubic meters of gas should be injected on daily basis to the country's oilfields according to the Islamic Republic's Fifth Five-Year Development Plan (2010-2015).

The predicted figure is vital to prevent pressure fall and maintain the output in oil fields.

Early in March Hassan Montazer Torbati, the National Iranian Gas Company's Secretary of Planning said that gas injection to oilfields has increased by one billion cubic meters during the last fiscal year (ended on March 21, 2015) compared to preceding year.

The country injected averagely 90 million cubic meters of gas each day into the old oilfields in the last fiscal year.

Edited by CN

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