Touraj Dehghani, CEO of Pars Oil and Gas Company (POGC), stated on Tuesday that Iran might want to enhance its fuel output to 250 million cubic meters per day (MCM) till 2030. within the nation’s home and industrial sector.
Dehghani stated his firm, which is chargeable for operations at South Pars, an unlimited fuel area shared between Iran and Qatar within the Persian Gulf, will probably be chargeable for many of the deliberate enhance in fuel manufacturing. .
However, he stated Iran will goal 150 MCM per day for the subsequent few years with a goal of 150 MCM per day, primarily based on the government-defined plans, price range and investments.
“We definitely will be capable of obtain a minimum of 150 MCM of recent fuel manufacturing capability over the subsequent 4 to 5 years, relying on the know-how and expertise of home consultants.”
Iran’s bitter fuel manufacturing capability exceeds 1 billion cubic meters per day, of which greater than 871 MCM will probably be transformed to candy fuel, injected into the nation’s nationwide fuel pipeline community.
South Pars is chargeable for 70% of manufacturing, with present annual manufacturing exceeding 2.6 billion cubic meters, price almost $100 billion.
Dehghani stated Iran will make investments $17 billion in Southpur over the subsequent few years to stop a drop in stress that might trigger main disruption to the nationwide fuel provide.
He stated that home firms like POGC have succeeded of their initiatives in Southpur even though main worldwide power firms are working on the Qatar facet of the massive fuel area regardless of sanctions. He stated there was.
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