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Showing posts from April 21, 2013

How Iran’s unchanged gas output met 6 percent consumption growth?

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Mehdi Fakour, the managing director of Iran Central Oil Fields Company (NIOFC) said on April 20 that the company daily produced 264 million cubic meters of (gross) gas in the previous Iranian calendar year (which ended March 20), showing one million cubic meters daily increase compared to its preceding year. Iran Central Oil Fields Company supervises all upstream activities in the central oil and gas regions of the country. With 43 gas fields and 25 oilfields it is considered the country's largest gas producer company. Last week, the Mehr News Agency reported that South Pars gas field's gas production stood at 233 million cubic meters per day in the previous calendar year. South Pars gas field, operated by Pars Oil and Gas Company, is now active with 10 phases. The giant gas field's output currently account's for 38 per cent of Iran's total gross natural gas production. Based on official reports, South Pars gas field's output in the Iranian calendar