$22 Billion of Investments Needed to Maintain Gas Output

Iran needs to make up for pressure reduction in its gas fields and prevent a decline in gas output, for which investments worth $22 billion are required in the next eight years, the oil minister said. 
During his visit to Bushehr Province on Friday, Javad Owji added that about 50% of Iran’s gas reserves and about 10% of oil reserves are in this province, the Oil Ministry’s news agency Shana reported.
“Most of the projects to maintain gas output in the fields, many of which are joint ones, will be planned in Bushehr, South Pars, Nar and Kangan,” he said.
“Planning and studies on increasing pressure in various phases of South Pars will begin soon.”