Iran News ...


11/12/03

Iran to launch Bangestan gas collection project

Iran is considering to inaugurate the first phase of a project for collecting associated gas in its southern oil field of Bangestan in the first quarter of 2004, IRNA reported from Tehran on Wednesday quoting the local press.

The English-language newspaper 'Iran News' stressed that the project involves Abteimour, Mansouri, Ahvaz and Kupal fields lying in Bangestan.

'Iran Daily' stressed that the associated gas in the fields are sour and are therefore flared, adding that this creates pollution in the southwestern city of Ahvaz.

The daily added that the second phase of the project will be implemented six months after the first phases comes on stream. Once the project comes on line, all flares are deactivated to reduce the level of choking air pollution.

Engineers and experts at Karoun Oil and Gas Recovery Company are working to erect "green flare" in the country to avoid inadequate combustion of oil products which has a significant contribution in deteriorating the air pollution.

Official says Iran's oil field yield declining

A senior oil industry official has said that Iran's oil output could drop to nearly 1.4 million barrels per day (bpd) by 2020 unless the country adopts suitable measures to conserve its oil reserves, the press reported in Tehran on Wednesday.

The English-language newspaper 'Iran Daily' quoted Ali Akbar Vahidi Al-Agha, the director of Engineering Department at the National Iranian Oil Development and Engineering Company, as saying that most of the country's oil wells are now facing a decline in production.

Al-Agha said Iran needs to take practical steps to prevent a possible drop in oil production considering that over 60 years pass from the start of developing Iran's oil fields.

... Payvand News - 11/12/03 ... --



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