BAKU, Azerbaijan, December 28. National Iranian Oil Company (NIOC) currently produces 1.04 billion cubic meters of gas daily from 22 gas fields in the country, an official of the NIOC, Hormoz Ghalavand said, Trend reports citing the company’s website.
“Approximately 980 million cubic meters of the produced gas are supplied to the National Iranian Gas Company (NIGC) for consumption,” Ghalavand added.
The official noted that in the last few days, 10 million cubic meters were added to the country’s gas production as a result of the completion of the repairs at the NGL-1000 plant of the National Iranian South Oil Company (NISOC).
Along with oil production, supplying of oil to refineries, as well as exporting oil, NIOC also carries out gas production, he said.
Ghalavand also pointed out that all gas production companies operating under the NIOC are taking all necessary steps to increase production.
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 – by the Iranian Central Oil Fields Company (ICOFC), 5 fields – by 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 1.2 trillion barrels. With available technology and equipment, Iran can extract 340 billion barrels. Thus, 30 percent of the country's hydrocarbon reserves are recoverable, while 70 percent remain underground.
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