Tag Archives: Bushehr

Iran has made inroads in its oil and gas exploration sector with discoveries of 13 oil and gas reservoirs over the past three years.

The new model of oil contracts has been shelved after ratification. and no contract has been signed under these new models.

Iran currently draws 480 mcm d of gas from South Pars which it shares with Qatar.

The company is expected to launch the platform of Phase 22 of the gas field which is shared by Iran and Qatar by June.

Gas production at phases 19. 20 and 21 will reach full capacity by the end of the current Iranian calendar year.

Iran'.s total natural gas output has reached 840 mcm d from 490mcm d in 2013.

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

The company is expected to launch the platform of phase 22 of the gas field which is shared by Iran and Qatar. by June.

The $300-million FPSO unit was built in Singapore and will be deployed above the South Pars'. oil layer in the near future.

Iran’s crude oil and condensate exports rose three percent month-on-month in January.