French Firm to Help Cut SP Gas Flaring
French Firm to Help Cut SP Gas Flaring

French Firm to Help Cut SP Gas Flaring

French Firm to Help Cut SP Gas Flaring

The French Entrepose Group signed a memorandum of understanding with Industrial Projects Management of Iran Company and the Industrial Development and Renovation Organization of Iran on Wednesday on collecting and reusing natural gas that is being burned off in South Pars Gas Field in the Persian Gulf. The French firm, which is a leading international player in the oil, gas and energy sectors, will work with Iranian partners to recycle associated petroleum gas flared at South Pars phases17, 18 and 14, IDRO News reported. The recycled gas can be processed and injected into Iran Gas Trunkline to be used in urban areas or be delivered to heavy industries as feedstock. Iran has struggled for years to curb the burning of huge amounts of associated petroleum gas. The United States has the largest number of flares, but Russia leads the world in the total volume of flared natural gas, the report said, placing Iran among the top three gas-flaring countries after Russia and Iraq.

Short URL : https://goo.gl/mg28Uq
  1. https://goo.gl/deJgKp
  • https://goo.gl/npHgx1
  • https://goo.gl/Z15RZU
  • https://goo.gl/rcxBWr
  • https://goo.gl/yYnzW6

You can also read ...

US May Impose Sanctions on China for Buying Iranian Oil
The United States is prepared to impose sanctions on all...
Total to Boost Its Nigeria Output
French supermajor Total will increase Nigeria’s oil production...
Aramco Investments Aimed at Future Oil Demand
Saudi state oil giant Saudi Aramco remains committed to...
Libya’s Oil Security Concerns Increase Freight Premiums
Persistent security concerns over Libya’s oil export capacity...
Call for Expediting Electricity Joint Ventures With Armenia
Measures should be taken to expedite joint projects between...
Seoul Worries Over Condensate Supplies
South Korea is seeking a sanctions waiver from the US to...
50 NIDC Contracts for  Local Manufacturers
The National Iranian Drilling Company has commissioned...
Iran uses a pricing formula whereby gas feedstock is offered to petrochemical plants at 9 cents per cubic meter.
Although Indian investors have signaled their interest in...

Add new comment

Read our comment policy before posting your viewpoints