The estimated in-place reserves for these blocks complete 193.8 billion barrels of oil and greater than 783 trillion cubic ft of fuel.
A collection of funding alternatives have been recognized, together with 23 exploration blocks in numerous areas of the nation, making ready for home and international traders. These blocks are situated in areas that embrace the Caspian Sea, different offshore zones and land-based websites, and goal to find new oil and fuel reserves.
The complete space of these exploration blocks spans roughly 108,000 sq. kilometres, with reserves inside the estimated estimated 19.3875 billion barrels of oil and 783 trillion cubic ft of fuel. These assets may play a key position in increasing Iran’s manufacturing capability and enhancing vitality safety.
Of the blocks, 5 are situated within the oil area of Caspia, overlaying an space of roughly 11,625 sq. kilometers. The reserves at their location are estimated to be 191.8 billion barrels of oil and 738 trillion cubic ft of fuel.
Under the direct supervision of the NIOC Exploration Bureau, the remaining 18 blocks are situated in numerous elements of the nation. These blocks cowl greater than 96,290 sq. kilometres and maintain reserves inside an estimated 2075 million barrels of oil and 45 trillion cubic ft of fuel.
The introduction of those exploration blocks and promotion of funding alternatives replicate the NIOC’s strategic insurance policies to sustainably develop Iran’s hydrocarbon assets, optimize geological prospects, and strengthen the nation’s position within the world vitality market.
At the “Transforming Oil and Gas Investment Development in Upstream Iran” occasion, NIOC presents greater than 200 alternatives to giant, medium and small traders beneath quite a lot of contractual frameworks.
MNA/shana.ir