BAKU, Azerbaijan, November 2. Iran is taking steps within the framework of projects to collect associated gas in oil fields and plans to collect approximately 90 percent of flare gas by 2027, Managing Director of the National Iranian Oil Company (NIOC) Hamid Bovard said at an event on the signing of contracts for the collection of flare gas produced along with oil and gas from various oil fields, Trend reports.
According to him, contracts have been signed for the collection of 520 million cubic feet (14.7 million cubic meters) of flare gas per day in the country.
12 contracts were signed today and approximately 300 million cubic feet (about 8.5 million cubic meters) of flare gas will be collected.
Moreover, 18 contracts are planned to be signed next month.
Bovard noted that currently, work has been completed within the framework of five projects for the collection of flare gas in the country, and facilities are being constructed under six projects.
The company official announced that 32 flares will be extinguished and flare gas will be collected in 12 operation centers in different areas of Khuzestan Province.
Bovard also said that adding 200 million cubic feet (approximately 5.67 million cubic meters) of gas per day to the country's gas network could greatly help the country's energy supply.
Besides, 800,000 tons of liquefied gas will be delivered to petrochemical plants annually.
"Work carried out under 12 contracts will prevent the release of 30,000 tons of greenhouse gases into the environment daily and will greatly contribute to reducing air pollution in Khuzestan," he explained.
12 contracts were signed between NIOC and local companies.
Based on the contracts, work will be carried out to collect associated gas produced along with crude oil in oil reservoirs.
In total, 295 million cubic feet (approximately 8.34 million cubic meters) of associated gas will be added to the volume of associated gas to be collected with a total investment of $800 million.
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