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    Iran Tenders for Flaring Cuts

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Summary

Iran’s oil ministry has held a general tender for gathering as much as 29mn m³/d of associated gas in 61 oil fields to curb flaring.

by: Iran desk

Posted in:

Natural Gas & LNG News, Greater Caspian News, Iran

Iran Tenders for Flaring Cuts

Iran’s oil ministry has held a general tender for gathering as much as 29mn m³/d of associated gas in 61 oil fields to curb flaring.

The ministry has negotiated with two subsidiaries of the National Iranian South Oilfields Company, a subsidiary of the Iranian Offshore Oil Company, and a subsidiary of the Arvandan oil and Gas Company, according to a report from the Iranian government published on February 14.

Iran has captured 32.9mn m³/d of associated gas in the past 10 years that would otherwise have been flared.

Flaring from oil ministry company fields

Name of Company

Number of oil fields

Flaring gas amount

mn m³/d

National Iranian South Oil Company

21

6.186

Iranian Offshore Oil Company

11

10.173

Arvandan Oil & Gas Company

4

2.778

Iranian Central Oil Fields Company

4

0.3

Total

40

19.827

Iran’s raw gas production capacity is 700mn m³/d – including flaring and re-injection – while the sweet gas output capacity stands at 552mn m³/d.

Iran produced 487mn m³/d of refined gas during last fiscal year, while this figure stood at 473mn m³/d in 10 months of current FY. Iran increases sweet gas production in winter compared to warm seasons.

Iran desk