Pars Special Economic Energy Zone

The CEO of the Petroleum Engineering and Development Company (PEDEC) said production of Crude oil from the joint South Azadegan Oilfield would reach 150,000 b/d once 35 newly-drilled wells come online by February 2019.

The CEO of the Petroleum Engineering and Development Company (PEDEC) said the company’s plans to boost crude oil production from South Azadegan was on the go despite all the restrictions.

A senior official with the National Iranian Oil Company ( NIOC) said the company would entrust Exploration Projects for oil and gas fields to domestic Exploration and production (E&P) companies.

The CEO of National Petrochemical Company ( NPC) underlined the significance of producing strategic Petrochemical Products in order to reduce imports dramatically.

The second offshore topside of South Pars Phase 13 project has been successfully installed in the Persian Gulf.

Head of the Engineering Unit of Ilam Petrochemical Plant said his company had developed the technical savvy for production of 120 key items used in petrochemical operations.

Iran’s Gas Recovery for the supergiant South Pars Gas field is projected to increase by 56 mcm/d by the end of the current calendar year to March 20 2019, which will bring the country’s total Gas production capacity from the field to 630 mcm/d.

Managing Director of the Pars Special Economic Energy Zone (PSEEZ) Seyyed Pirouz Mousavi said the company is enjoying very special status in Iran.

Iran has launched the third Gas Sweetening Train of the onshore refinery of South Pars phases 22-24.

Iran’s Ilam Gas Refinery has saved more than a million dollars by implementing 10 projects aimed at supporting domestic manufacturers, the plant’s CEO said.