BAKU, Azerbaijan, Aug. 16
By Elnur Baghishov – Trend:
Iran has saved 250 million euro in the gas sector with the domestic production of necessary equipment over the past few years, Deputy Oil Minister and Managing Director of the National Iranian Gas Company (NIGC), Hassan Montazer Torbati said, Trend reports citing the company’s website.
Torbati noted that there are 29 types of strategic equipment in the Iranian gas industry. At present, 25 of them are produced by Iranian startups. Some of them are even used.
The deputy minister added that a number of steps have been taken to produce the remaining 4 types of equipment domestically and soon this equipment will also be produced domestically.
“The National Iranian Gas Company meets its technology needs through institutions, on the basis of contracts with companies and through the import of technology into the country,” he said.
The director emphasized that if Iran intends to supply 85 percent of the country's energy needs with gas, it must minimize the country's dependence on the gas industry to abroad.
There are currently 74 oil and 22 gas fields in Iran. So, 37 oil fields are operating in the territory of the National Iranian South Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company (ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company (POGC) and 3 gas fields – the IOOC.
Iran’s total hydrocarbon reserves are estimated at 836 billion barrels. With available technology and equipment, Iran can extract 239 billion barrels. Thus, 29 percent of the country's hydrocarbon reserves are recoverable, while 71 percent remain underground.
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