Tag Archives: Iranian Ministry of Petroleum

Total has submitted a development proposal for the project.

. Iran is now producing 3.9 million bpd of crude oil and gas condensates.

A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.

NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.

Iran is now ready to export gas to Iraq and Baghdad is also ready to receive the item.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.

Production from the layer will reach 35.000 barrels per day once its wells are fully operational.

Iran and Russia have the ability to export gas and carry out gas storage projects.

The South Pars Oil Layer is shared with Qatar. where it is known as Al Shaheen.

French oil and gas company Total held talks with Iranian officials about several projects in the country in 2016.