Project to conserve 10m barrels oil operational north of Bushehr Prov.

EghtesadOnline: The project to conserve 10 million barrels of crude oil north of Bushehr Province, the biggest reserve run by the private sector, has been put into operation.

News ID: ۷۷۳۸۲۲

10 February 2017

The project was operational concurrent with the 10-Day Dawn celebrations, marking the triumph anniversary of the 1979 Islamic Revolution.

Managing Director of Asia Petro Omid Company Vahid Zakeri said the project had cost 7.28 billion rials to be engineered, monitored and implemented, according to IRNA.

Zakeri said the project will raise national oil conservation and export capacity by 36 percent.

The facilities consist eight one million barrel reserves, two 500,000 barrel reserves and f our 250,000 barrel reserves.

The official said the facilities are on 100 hectares of lands, lying on the line of project for transfer of oil of the south oil rich regions, including Masjed Soleiman, Ahvaz, Maroon, Aghajari and Gachsaran. After collection of oil in Gureh and Genaveh regions, they will be transferred to Kharg Island for exports.