Tag Archives: Gas Field

Officials say the partnership of domestic companies with oil majors will gradually enhance the technical and managerial know-how of Iranian firms.

The country aims to raise output to over 1 billion cubic meters by March 2018.

In the current calendar year to March 2018. the completion of four projects which had remained incomplete will add two million tonnes to the country'.s petrochemical production capacity.

The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.

Rosneft is one of the international firms involved in the exploration and exploitation of Egypt’s Zohr gas field.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.

China insists oil and gas exploration is taking place within its own waters after long-standing territorial dispute flares up.

In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.

Zohr was discovered by Eni in August of 2015 and. with a total potential of 850 billion cubic meters of gas in place. is the largest natural gas field ever discovered in the Mediterranean.