Tag Archives: Petropars

The today OPEC meeting is to focus on the extension of the November 2016 agreement on cutting oil supply.

Iran has been second-best to Qatar in gas production from South Pars.

Phase 11 aims to produce 1.8 billion cubic feet a day of gas among other products.

Iran aims to raise natural gas production to 1.1 billion cubic meters per day in the present fiscal year.

Phase 19 is one of the few South Pars phases designed with advanced equipment for curbing associated petroleum gases that are burned off in flares.

.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11

.The agreement on development of phase 11 of South Pars Gas Field is valued at 4.8 million dollars

Petropars Limited and Petropars Iran are responsible for onshore installations and drilling operations.

Shell and Total have signed agreements to invest in gas resources offshore Iran.

Implementation of the JCPOA will lead to removal of all sanctions against Iran.