Local Firms Sign Contracts Worth $200 Million to Boost APG Capture

To increase the collection and processing of associated petroleum gas from the southern oilfields, two contracts were signed between the Persian Gulf Bidboland Gas Refinery and three domestic manufacturing firms namely Oil Turbo Compressor (OTC) Group, MAPNA Turbine Engineering and Manufacturing Company (TUGA) and Energy Industries Engineering and Design (EIED) Company in Tehran on Monday, managing director of the refinery said.
“The agreements are worth $200 million and will boost processing of APG from the East and West Karoun oil fields that include several large oilfields straddling the Iran-Iraq border by at least three million cubic meters a day,” the Oil Ministry news portal Shana quoted Mahmoud Aminnejad as saying.