Over €700m invested in South Pars complementary plans

TEHRAN- The acting managing director of Pars Oil and Gas Company (POGC), which is in charge of developing South Pars, Iran’s giant gas field in the Persian Gulf, put the amount of investment made in four complementary projects in South Pars at €712 million.

Daily gas production capacity exceeds 1,000 mcm

TEHRAN – The capacity of Iran’s daily natural gas production exceeded 1,000 million cubic meters (mcm) in the previous Iranian calendar year (ended on March 20), a report published by the Oil Ministry’s Planning Directorate showed.

By Ebrahim Fallahi

South Pars oil layer output to increase 10,000 bpd

TEHRAN - Managing Director of Iranian Offshore Engineering and Construction Company (IOEC) Mohammadreza Zahiri said that production from South Pars oil layer, which is located in the country’s giant South Pars gas field, is going to increase by 10,000 barrels per day (bpd), Shana reported.