{"id":10088,"date":"2024-03-11T19:30:33","date_gmt":"2024-03-11T19:30:33","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10088"},"modified":"2024-03-11T19:30:33","modified_gmt":"2024-03-11T19:30:33","slug":"contracts-for-south-pars-gas-field-pressure-boosting-project-signed","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10088\/","title":{"rendered":"Contracts for South Pars gas field pressure-boosting project signed"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Pars Oil and Gas Company (POGC) and several Iranian companies signed contracts on Sunday to carry out a pressure-boosting project in the joint South Pars (SP) gas field in the Persian Gulf.<\/p>\n

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The contracts for the most strategic plan were inked in the presence of Oil Minister Javad Owji and National Iranian Oil Company (NIOC) Managing Director Mohsen Khojastehmehr in Tehran.<\/p>\n

Based on the contracts, $20 billion will be invested in the project to extract 90 trillion cubic feet of gas and two billion barrels of gas condensates, which will generate $900 billion in revenue.<\/p>\n

Petropars, Oil Industries Engineering and Construction (OIEC), Khatam al-Anbiya Construction Headquarters, MAPNA Group, and a consulting company are the Iranian contractors of the megaproject.<\/p>\n

The world’s biggest gas field is shared between Iran, which calls its share South Pars, and Qatar, which calls it North Field, also known as North Dome.<\/p>\n

Qatar is also installing platforms to boost pressure in the field.<\/p>\n<\/div>\n<\/div>\n

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