SZOGPC's Total Gas Output Hit 1.3t Cubic Meters
SZOGPC's Total Gas Output Hit 1.3t Cubic Meters
Thursday, March 01, 2018

SZOGPC's Total Gas Output Hit 1.3t Cubic Meters

Thursday, March 01, 2018

SZOGPC's Total Gas Output Hit 1.3t Cubic Meters

The South Zagros Oil and Gas Production Company, a subsidiary of Iranian Central Oil Fields Company, has produced a total of 1.37 trillion cubic meters of natural gas since 1999, according to data released by ICOFC.
Estimates show the company's reserves hold a total of 3.7 trillion cubic meters of in-place gas, some 2.7 trillion cubic meters of which are deemed recoverable, Shana reported.
According to Ramin Hatami, ICOFC's managing director, the company's output during winter reached 193 million cubic meters per day on average. 
SZOGPC also holds 425 million barrels of crude oil reserves, of which 12 million have so far been extracted. The official noted that the company's crude output is expected to stand at 6,100 barrels per day in the next fiscal year that starts on March 21.


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.

Short URL : https://goo.gl/ure3N1
  1. https://goo.gl/XbLGMf
  • https://goo.gl/J2rYoc
  • https://goo.gl/o9m2HT
  • https://goo.gl/2GfDJd
  • https://goo.gl/snjzd3

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...

Add new comment