TEHRAN, July 26 (MNA) – Iran’s oil minister has said 10 new refineries will be operated to add 100 million cubic meters to gas production.

Bijan Namdar Zanganeh, who was commenting about oil fields and new South Pars refineries in the Persian Gulf, said that Iran would operate 10 new refineries to add 100 million cubic meters of gas to its gas production. “6 new oil platforms in South Pars are under construction as well,” he said.


“Currently, 10 sweetening units including 12th, 15th-18th phases of South Pars are ready to start operation,” said Zanganeh, adding that “the operations in South Pars is unprecedented in the history of oil industry in Iran.”


“This is the greatest project in the history of gas production, which we predict to add 100 million cubic meters of gas to the total production,” said the minister.


Commenting on the development of Arash oilfield (geographically located between Iran and Kuwait) and Saudi Arabia’s claims that the oilfield belonged exclusively to the kingdom, Zanganeh said that it was an open case and time would be needed to settle the case. “Arash oilfield is one of the most important hydrocarbour reservoirs, shared between Iran, Kuwait, and Saudi Arabia,” he added.


Still in another reaction to Saudi claim, Ali Majedi, Oil Ministry’s international deputy emphasized that Saudi Arabia was not a party to Arash oilfield.


Kuwait and Saudi Arabia have now suspended operations in the shared Arash (also known as al-Dourah) oilfield reportedly due to discord on how to divide profits from the produced gas, which Iran deems the cooperation ‘suspicious.’


By Mehr News Agency





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