Petropars to Develop Iran's Belal Gas Field

Petropars to Develop Iran's Belal Gas FieldPetropars to Develop Iran's Belal Gas Field

Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $440m contract Saturday with domestic company Petropars to develop Belal Gas Field in the Persian Gulf.
The project will produce 14 million cubic meters per day of sour gas in three years, the Oil Ministry news service Shana reported.
Gas will be transferred to the offshore platform of Phase 12 of South Pars Gas Field and after processing will be piped to the phase’s onshore refinery via an undersea pipeline. 
Based on the deal, POGC is employee of the contract and will carry out reservoir studies.


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