27 Nov 2024
Wednesday 24 February 2016 - 15:44
Story Code : 203268

Iran starts test production from joint oil field with Iraq

TEHRAN, Feb. 24 (Shana) Iran has started production operation for 85,000 barrels of oil a day from the Yadavaran Field jointly held by neighboring Iraq to test its output sustainability, said administrator of the fields development project.

The field will be inaugurated in near future as production of 85,000 barrels a day has been secured and all of its three production trains are in line, Hadi Nazarpour told Shana on Wednesday.

In Phase-I, light and heavy crude will constitute 70,000 barrels and 15,000 barrels of the fields daily output respectively, he said.

Production will increase to 180,000 barrels in Phase-II and 300,000 barrels in Phase-III, Nazarpour added.
Irans Ministry of Petroleum has been focusing on production from Yadavaran, North Azadegan, South Azadegan, North Yaran and South Yaran oil fields, all of which Iran shares with Iraq.

By SHANA
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