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Showing posts from February 26, 2017

Iran loses nothing from Pakistan’s refusal to buy gas

Pakistan should have imported 22 million cubic meters per day (mcm/d) of Iranian gas since January 2015 based on an agreement, but it hasn’t even decided to build a pipeline. Iran has stretched 907 km pipeline (IGAT-7) from South Pars gas field to Iranshar in Sistan and Baluchestan Province, but 200 km of is needed to reach the Pakistani border. 56-inch IGAT-7 pipeline is aimed to transit 110 mcm/d, but it is active with only one compressor, several times less than the other cross-country pipelines with the same capacity and length, which uses 8-17 compressors each. IGAT-7 would use 2 compressors in coming years. Iran started the construction of a 36-inch branch from Iranshahr to Zahedan city in 2013. It aims to supply gas to 105,000 households in Zahedan city. According to the latest statistics about the country’s energy balance, published in 2015, some 6,500 households in the all of province were using only 6 mcm/y of gas, while the country’s total gas usage in households in I

Pertamina, Lukoil eye same oil projects in Iran

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Indonesian State-owned Energy Company Pertamina and Russian Lukoil are negotiating with Iran to develop the same oil projects. The Office of the Coordinating Economic Minister of Indonesia issued a statement Feb.27, saying that Pertamina will submit proposals to the Iranian government for the exploration of Ab Teymour and Mansouri oil fields. Based on a study conducted by Pertamina, the oil reserves in the two fields amount to 1.5 billion barrels (recoverable oil). “The production potential reaches 200,000 barrel per day at each field,” the statement said, the Jakarta Post reported. On the other hand, the Middle East head of Lukoil Gati Al-Jebouri told Bloomberg Feb.27 that the company is is in talks with National Iranian Oil Company (NIOC) about the Ab Teymour and Mansouri oil fields in western Iran. Both Pertamina and Lukoil are among 29 foreign companies that have been qualified by NIOC to take part in Iran’s upstream oil and gas projects. Despite Pertamina’s study, N