TEHRAN (Iran News)  Project Director of Infill Drilling at South Pars Gas Field Shobeir Nabavi says that with the completion of drilling and the operation of three wells in the current year (starting March 21, 2025), five million cubic meters have been added to the gas production of this shared field.

Nabavi said on Tuesday that the progress of the infill drilling project at South Pars Gas Field continues to enhance gas production.

He noted that three wells from this project have been fully operational, resulting in an overall increase of five million cubic meters per day in gas production from the South Pars field.

Given the progress in drilling other wells in this project, more wells are expected to come online in the coming months, he added.

The infill drilling project at South Pars Gas Field involves drilling 35 new wells across 17 existing gas platforms, and upon completion and full operation of this project, gas production at South Pars will increase by 36 million cubic meters per day.

Nabavi said on Tuesday that the progress of the infill drilling project at South Pars Gas Field continues to enhance gas production.

He noted that three wells from this project have been fully operational, resulting in an overall increase of five million cubic meters per day in gas production from the South Pars field.

Given the progress in drilling other wells in this project, more wells are expected to come online in the coming months, he added.

The infill drilling project at South Pars Gas Field involves drilling 35 new wells across 17 existing gas platforms, and upon completion and full operation of this project, gas production at South Pars will increase by 36 million cubic meters per day.

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According to Farshid Kheibari, EOGC’s production goals for the mentioned year were realized by 104 percent and even in some days the output exceeded 63 mcm/d, Shana reported.

EOGC was established in December 1998 in line with the policy of decentralizing the management in Iran’s oil industry.

The company is operating projects mainly in the east of the country. Currently, it is active in Khorasan Razavi province and is in charge of production from Mozdouran sour gas reservoir as well as Shourijeh B, Shourijeh D, and Gondbadli sweet gas reservoirs in the northeastern city of Sarakhs.

Referring to the need for accelerating the implementation of gas storage development projects as strategic projects in the oil industry, Kheibari also announced the storage of 1.856 bcm of gas in the Shourijeh D reservoir in the previous year.

“Due to the increase in the country’s gas consumption and in line with the Oil Ministry programs for providing sustainable gas for domestic and industrial sectors during winter, as well as the need for gas imports, especially in the northeast of the country, last year we managed to store 1.856 billion cubic meters of gas in Shourijeh D in the first eight months of the previous year (March 20-November 20, 2020),” Kheibari explained.

“A total of 2.5 billion cubic meters of gas was reproduced during the previous year’s cold season, which compared to the same period of the preceding year increased by about 28 percent in terms of storage and 18 percent in terms of reproduction,” he added.

Sustainable energy supply in the north and northeast regions which are significantly far from the main centers of gas production in the south of the country and the need to reduce dependence on gas imports has always been one of the main concerns of the Oil Ministry.

In this regard, according to NIGC plans, the capacity of the two storage facilities, Sarajeh and Shourijeh, is planned to increase to over seven billion cubic meters in near future.

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According to Farshid Kheibari, EOGC’s production goals for the mentioned year were realized by 104 percent and even in some days the output exceeded 63 mcm/d, Shana reported.

EOGC was established in December 1998 in line with the policy of decentralizing the management in Iran’s oil industry.

The company is operating projects mainly in the east of the country. Currently, it is active in Khorasan Razavi province and is in charge of production from Mozdouran sour gas reservoir as well as Shourijeh B, Shourijeh D, and Gondbadli sweet gas reservoirs in the northeastern city of Sarakhs.

Referring to the need for accelerating the implementation of gas storage development projects as strategic projects in the oil industry, Kheibari also announced the storage of 1.856 bcm of gas in the Shourijeh D reservoir in the previous year.

“Due to the increase in the country’s gas consumption and in line with the Oil Ministry programs for providing sustainable gas for domestic and industrial sectors during winter, as well as the need for gas imports, especially in the northeast of the country, last year we managed to store 1.856 billion cubic meters of gas in Shourijeh D in the first eight months of the previous year (March 20-November 20, 2020),” Kheibari explained.

“A total of 2.5 billion cubic meters of gas was reproduced during the previous year’s cold season, which compared to the same period of the preceding year increased by about 28 percent in terms of storage and 18 percent in terms of reproduction,” he added.

Sustainable energy supply in the north and northeast regions which are significantly far from the main centers of gas production in the south of the country and the need to reduce dependence on gas imports has always been one of the main concerns of the Oil Ministry.

In this regard, according to NIGC plans, the capacity of the two storage facilities, Sarajeh and Shourijeh, is planned to increase to over seven billion cubic meters in near future.

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TEHRAN (Iran News) – Iranian Minister of Petroleum Bijan Zangeneh said the country would soon break the record of 1,000 million cubic meters of gas output per day.

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The bipartisan US move initiated by Congress last week threatened sanctions against companies working on completing Nord Stream 2, Europe’s biggest energy infrastructure project, which the US and some European countries fear could give Russia some control over the continent’s energy supplies and boost revenues for an increasingly belligerent Kremlin, The Wall Street Journal wrote.

The move prompted Swiss pipe-laying company Allseas Group S.A. to stop work on the $10 billion pipelines, just weeks from completion. The pipe would double direct gas shipments to Germany by Russian’s state-owned gas giant PAO Gazprom.

Despite the announcement of the stoppage, Russian energy minister Alexander Novak told a state-owned press agency on Thursday that only 160km, or the underwater part of the Nord Stream 2 pipeline, remained to be completed, work that would be finished within months by using Russian ships. Russian state media reported that Gazprom’s pipe-laying vessel Akademik Cherskiy, currently in the far east, would be brought to the Baltic to complete the pipeline.

The US’s move sparked outrage in Germany, prompting senior officials and politicians to call for a coordinated approach to protect the strategic interests of European Union members against future US sanctions.

“Europe needs new instruments to be able to defend itself from US licentious extraterritorial sanctions,” wrote Niels Annen, Germany’s deputy foreign minister, in a tweet last week.

The dispute adds to strain in the Western alliance since the Trump administration adopted a series of foreign-policy moves, including troop withdrawals, trade tariffs and the withdrawal from certain international agreements, without consulting with allies.

Some German officials say that fortifying Europe’s defenses against US sanctions could require closer cooperation with Russia and China at a time when President Trump is pressuring EU allies to side with Washington in its trade, technology and geopolitical disputes with Beijing.

Others questioned Washington’s motivations, saying that the sanctions were driven by the desire to increase exports of American liquefied natural gas or LNG.

Miguel Berger, the German Foreign Office’s director-general in charge of economic affairs, wrote in a tweet last week that the sanctions were an “attempt to use coercive measures for selling LNG to Europe.”

The extraterritorial reach of US economic sanctions has been a recurring irritant for Europe. Washington has imposed fines worth tens of billion dollars on European firms, especially banks, for past sanctions breaches, and European officials have worked on ways to protect the continent’s companies.

A senior German government official said, in response to the pipeline sanctions, that Germany would make a renewed European push to build a firewall against US sanctions when it takes over the EU’s rotating presidency next year.

One goal would be to create a separate financial infrastructure that would allow European companies to escape the scope of US sanctions. The banks involved would have to be based in jurisdictions out of the US’s reach, such as China or possibly Russia, the official said.

“Washington is treating the EU as an adversary. It is dealing the same way with Mexico, Canada, and with allies in Asia. This policy will provoke counter-reactions across the world,” this official said.

Some European officials, besides Germany, have even toyed with the idea of adopting sanctions of their own against the US, for instance, to deter policies they think endanger the environment.

“What if the EU Parliament would sanction the Keystone pipeline on environmental grounds,” a senior German diplomat asked, speaking to The Wall Street Journal this week, in reference to the oil pipeline connecting Canada and the US that has been opposed by environmentalists in both countries.

Building a shield against US sanctions is difficult because of the size of the US economy, the role of the dollar in international transactions, and the fact that the US has control over much of the world’s financial plumbing.

The EU has failed to protect its companies that do business in Iran since the US reintroduced sanctions against the country last year after Washington exited the 2015 nuclear deal. US officials have urged Europe to tighten its own sanctions on Iran instead of trying to work around US measures.

In January, the British, French, and German governments created a company to carry out a complicated barter-like scheme with an Iranian counterpart out of America’s reach. So far, it has not completed a single transaction.

Richard Nephew, a senior fellow at the Brookings Institution, said the rising frictions between the US and its traditional allies would encourage the development of similar arrangements.

Russia and China have banks and other companies that do no business in the US and are thus immune from US sanctions. Some of those firms, like China’s Bank of Kunlun, were the main conduit for China’s Iran sales under the previous pre-nuclear-deal set of Iran sanctions.

Yet for Western firms to start using such institutions would carry reputational and compliance risks. Even Chinese firms have grown more cautious about bucking US sanctions. Bank of Kunlun, whose China National Petroleum Corp. parent is listed on the New York Stock Exchange, has repeatedly frozen business with Iranian firms over the last year. China’s purchase of Iranian oil plummeted after US sanctions waivers were removed.

Peter Beyer, German Chancellor Angela Merkel’s trans-Atlantic affairs coordinator, told German radio on Wednesday that finishing the pipeline would now be more expensive, but that it would be completed in the second half of 2020.

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TEHRAN (Iran News) – Iran’s South Pars daily gas production will reach one billion cubic meters (bcm) by March 2020, which would be a miraculous achievement at a time when the country is under severe unilateral sanctions imposed by the US, said an Iranian MP.

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He said the company fully met its production goals in the first half of the current calendar year, which began on March 21, adding plans for gas injection and overhaul operations are seriously ongoing in order to ensure gas supply in the winter.

East Oil and Gas Production Company is one of the three subsidiaries of the Iranian Central Oil Fields Company, and is responsible for supplying gas to northeastern provinces including Golestan, North Khorasan, South Khorasan, Mazanaran and parts of Semnan.

Iran has sought to increase its daily production at oil and gas fields despite sanctions imposed by the United States which restricts Tehran’s ability for export.

Iranian Oil Minister Bijan Zanganeh had said earlier this year that Iran’s gas production at South Pars gas field, the largest in the world which the country shares with Qatar, had already exceeded 21.5 billion feet (610 million cubic meters) per day, adding that Iran’s share of daily production at the field had dwarfed that of Qatar.

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He said his department was responsible for managing distribution of gas in the gas network, according to SHANA.

He added that an equivalent of 5 million barrels of crude oil of gas was being distributed in the country.

Iran has sought to increase its daily production at oil and gas fields despite sanctions imposed by the United States which restricts Tehran’s ability for export.

Iranian Oil Minister Bijan Zanganeh had said earlier this year that Iran’s gas production at South Pars gas field, the largest in the world which the country shares with Qatar, had already exceeded 21.5 billion feet (610 million cubic meters) per day, adding that Iran’s share of daily production at the field had dwarfed that of Qatar.

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He said the projects would significantly enhance the country’s gas distribution capacity, especially in the winter.

The projects include a 56-inch pipeline which stretches 124 km from Ghaleh Dehgolan to Miandoab and another one stretching 31 km from Bidboland to Ahvaz.

Furthermore, 25 gas compressors would also be launched in places like Bidboland, Deilam, Kouhdasht and Hosseiniyeh by the end of the year.

The post NIGC to launch 40 gas projects by March 2020 appeared first on Iran News Daily.

Speaking in a meeting of the board of directors of Azarbaijan Sharghi Gas Company, Torbati said people’s satisfaction was the best criteria for assessing NIGC’s services, therefore, “we endeavor to offer better services day by day.”

Today, gas distribution is in a suitable state and distribution of gas has been accelerated thanks to the supportive law in the budget bill of 2014, he said.

The official noted that Iran is one of the few countries in the world where 95 percent of its population have access to the gas network which is an indication of unparalleled social justice in the country.

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