Energy
0

Oil Drilling to Begin in Moghan Plain

The Moghan oilfield is near the border with the Azeri Republic and is estimated to contain over four billion barrels of mostly light crude
Oil Drilling to Begin in Moghan Plain
Oil Drilling to Begin in Moghan Plain

A project to drill oil in the Moghan Plain, Ardabil Province, will start by July, the project manager said.
“An onshore drilling rig owned by the National Iranian Drilling Company is on the way from Ahvaz in the southwest to Ardabil 1,300 km in the northwest and drilling will begin in the next six weeks,” Mehr News Agency quoted Ali Rafiei as saying.
The National Iranian Oil Company has been carrying out exploration in Moghan in the past decade. The oilfield is important as it can supply crude oil to Tabriz Refinery in the neighboring? East Azerbaijan Province.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com