Tehran, Iran, March 16
By Mehdi Sepahvand -- Trend:
Burning flare gas at the first 10 phases of South Pars has reduced by 43 percent, according to CEO of the Pars Special Economic Zone Mehdi Yousefi.
Right now five million cubic meters of flare gas is being kept from burning at these 10 phases, Yousefi said, adding the phases will experience a weekly reduction of 8.2 million cubic meters in flare gas burning in two years, SHANA news agency reported March 16.
He expressed satisfaction that all of the projects planned for future in the zone will enjoy the latest technological and environmental standards.
According to Iran Oil Ministry, it is planned to gather flared associated gas of 39 oil fields (50 phases) as well as 10 phases of South Pars gas field to prevent burning of 19.78 mcm/d gas in torches.
Fields, operated by four major companies, affiliated with Iran's Oil Ministry
Number of oil fields |
Flare gas amount |
Price (cent/cm) |
|
National Iranian South Oil Company |
21 fields |
6.186 mcm/d |
3.5 to 4.2 |
Iranian Offshore Oil Company |
11 fields |
10.173 mcm/d |
1.75 to 3.5 |
Arvandan Oil & Gas Company |
4 fields |
2.778 mcm/d |
3.5 |
Iranian Central Oil Fields Company |
4 fields |
0.3 mcm/d |
3.5 |
South Pars gas field (phases 1 to 10) |
10 phases |
0.39 mcm/d |
3.5 |