BAKU, Azerbaijan, December 5. Iran’s Gachsaran Oil and Gas Production Company (GOGPC) has increased its reliance on local suppliers for its equipment and spare parts needs, CEO of the company Gholam Reza Kamali said, Trend reports.
Kamali said that since the start of the current Iranian year (March 21, 2023), the company has bought over 2,900 items of equipment and spare parts worth 5 trillion rials (about $119 million), of which 79 percent in quantity were from domestic manufacturers.
“Meanwhile, the GOGPC purchased 2,300 units of equipment and spare parts from local manufacturers worth 3.8 trillion rials (about $90.5 million) during March 21 through December 5, 2022,” he said.
The locally sourced items included spare parts for electric pumps, turbo-compressors, and various types of supplies, the director added.
Iran's Gachsaran Oil & Gas Production Company (GOGPC) is operating under the National Iranian South Oil Company (NISOC). The company is engaged in the field of oil production, refining, and transportation, as well as natural gas and gas condensate production. There are 12 oil and gas fields in the territory of this company.
The company extracts hydrocarbons from 16 oil and gas fields and has 857 oil and gas wells on its land. The oil and gas from the wells are transported by pipelines that span 7,500 km in total.
The company has the capacity to produce 652,000 barrels of crude oil per day and produces 561,000 barrels of crude oil daily.
At present, 950 million cubic feet (about 26.9 million cubic meters) of gas are produced from the company's fields. Of the mentioned volume, 800 million cubic feet (about 22.6 million cubic meters) are supplied to the plant of Bid-Boland Gas Refining Company, while 150 million cubic feet (about 4.24 million cubic meters) of gas are pumped into oil wells.
---
Follow the author on X (Twitter):@BaghishovElnur
