24924
Toos Gas Field Output  to Reach 4 mcm/d
Energy

Toos Gas Field Output to Reach 4 mcm/d

Gas production in Toos Gas Field in northeast Iran is expected to reach 4 million cubic meters per day, technical director of East Oil and Gas Production Company said on Wednesday.
Mohammad Mambeygi added that plans are underway to start production at the field in the near future, estimating that the output will stand at 3-4 mcm/d for "seven consecutive years", Moj News Agency reported.
The gas field is around 100 kilometers northeast of Mashhad in Khorasan Razavi Province. It holds 62 billion cubic meters of gas, with 70-75% of its total reserves recoverable. Gas production from the field has yet to commence, nearly five years after it was discovered.
The National Iranian Oil Company had earlier said the field's output could be supplied to Shahid Hasheminejad Gas Refinery in Sarakhs, but that it would depend on the type of gas extracted from the field.
Also in the south, the construction of Anahita Oil Refinery started at an estimated cost of $3 billion.
Abdolreza Mesri, Kermanshah's member of parliament, said the refinery will create 12,000 jobs.
The refinery will have a capacity of 150,000 barrels per day. With the completion of the project, 26 downstream factories will also be established to produce bitumen, glue and washing materials.
Mesri also said a 10-year tax exemption and supply of feedstock to the complex with a 10% discount compared to Persian Gulf free-on-board prices are among the refinery's advantages.

 

Short URL : https://goo.gl/XAx6Z7
  1. https://goo.gl/EStP5L
  • https://goo.gl/FvtNZ9
  • https://goo.gl/WsgA2Y
  • https://goo.gl/6zva3b
  • https://goo.gl/0XISpe

You can also read ...

Russia Says US Sanctions on Iran "Unproductive"
United States' sanctions on Iran's oil industry are...
China to Cut Solar, Wind Subsidies
China will speed up efforts to ensure its wind and solar power...
Oil Coalition Seeks Consensus Ahead of Algiers Summit
With a critical meeting in Algiers fast approaching, a...
Abu Dhabi Planning Biggest Oil  IPO in Decade
Abu Dhabi is pushing ahead with an initial public offering for...
Crude Prises Higher as Supply Concerns Rise
Oil prices rose on Monday as investors worried about the...
New Power Capacity for Sistan-Baluchestan
Operations to build new combined-cycle power plants in...
Abadan  Refinery  Second Phase  on Track
The second development phase of Abadan Oil Refinery in...
ICOFC to Develop  Eight Gas Fields
Iranian Central Oil Fields Company plans to develop eight gas...

Trending

Googleplus