20 Apr 2024
Tuesday 4 March 2014 - 09:34
Story Code : 87048

Central Oil Fields earns $ 42b in gas income

TEHRAN, March 4 (MNA) The CEO of Irans Central Oil Fields Company has said the company has made $ 42b in gas incomes in current year.
Salbali Karimi told Irans official news agency IRNA that all expenses and investments were only a small fraction of the figure, that is, 5 per cent of this income.

He pointed to the companys capabilities in human labor and technology transfer. Through a long-term and grand-scale plan, the company will be able to achieve international standards of conduct, he added. The governments new approach is developing and operating of the maximum capacity of oil and gas fields and attracting technological capabilities of insiders and foreign companies, Karimi was quoted by IRNA.

Karimi believed that the company should taken the opportunity to exploit the possibilities in protect and product from Hydrocarbourreservoir.

Iranian National Oil Company Public Relations Office quoted the CEO of Irans Central Oil Fields Company that expansion of shared oil and gas fields was in the top of agenda in President Rouhanis special decree. Expansion of new fields and commitment to current obligations are also important in the plan, he added.

By Mehr News Agency

 

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