TEHRAN, Iran, November 7. The National Iranian Gas Company (NIGC) is to enter the upstream sector by Shurjeh reservoir development and installing a rig, said the Managing Director of Iran Gas Engineering and Development Company Reza Noshadi, Trend reports citing IRNA.
The NIGC shares 85 percent of turnover in gas storage development projects in the Gas Engineering and Development Company, he said adding that gas storage would lead to managing consumption.
The contract for Shurjeh reservoir is currently operational by installing a rig in the reservoir and would lead to NIGC participation in the upstream sector, he noted.
Noshadi underlined Gas Engineering and Development Company has installed 12 gas compressor stations across the country to support gas fields’ pressure.
