Veep: Up to 560mcm gas to be extracted from SP

EghtesadOnline: The First Vice-President, Eshaq Jahangiri, said on Monday that gas extraction from South Pars field will rise up to 560 million cubic meters.

News ID: ۷۳۹۶۷۳

07 February 2017

Jahangiri made the remarks in ceremony marking start of executive operations on the project for development and stabilization of the production capacity of Abadan refinery.

According to IRNA, he said by end of this year (to end on March 20, 2017), gas extraction from South Pars gas field will rise to 550 million to 560 million cubic meters.

He added that oil production from joint fields west of Karoon river has risen to 270,000 barrels per day from 70,000 barrels per day. “That’s an exception work and a big honor for the operators. All the oil directors have the grave duty to make more efforts after the JCPOA to extract Iranian nation’s right from the join oil field.”

Elsewhere in his remarks, Jahangiri said Iran used to be gasoil importer but turned to exporter of the substance this year.