{"id":10090,"date":"2024-03-11T19:32:25","date_gmt":"2024-03-11T19:32:25","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10090"},"modified":"2024-03-11T19:32:25","modified_gmt":"2024-03-11T19:32:25","slug":"south-pars-gas-field-pressure-boosting-project-to-generate-900b-in-revenue-nioc-ceo","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10090\/","title":{"rendered":"South Pars gas field pressure-boosting project to generate $900b in revenue: NIOC CEO"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0The National Iranian Oil Company (NIOC) managing director said on Sunday the implementation of the pressure-boosting project in the joint South Pars (SP) gas field in the Persian Gulf will generate $900 billion in revenue.<\/p>\n<div class=\"item-body\">\n<div class=\"item-text\">\n<p dir=\"ltr\">Speaking during the signing ceremony of contracts for the strategic project, Mohsen Khojastehmehr added the project worth $20 billion will help extract 90 trillion cubic feet of gas and two billion barrels of gas condensates more from the giant field.<\/p>\n<p dir=\"ltr\">According to the deputy oil minister, 38 platforms consisting of production and logistics platforms are operating in the South Pars gas field and 14 pressure-boosting platforms will be used for carrying out the project.<\/p>\n<p dir=\"ltr\">Pars Oil and Gas Company (POGC) and several Iranian companies \u2013 Petropars, Oil Industries Engineering and Construction (OIEC), Khatam al-Anbiya Construction Headquarters, MAPNA Group, and a consulting company \u2013 signed the contracts in the presence of Oil Minister Javad Owji and Khojastehmehr.<\/p>\n<p dir=\"ltr\">The world&#8217;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<\/div>\n<\/div>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2024-03-11T19:32:25+00:00\"> 11 March 2024<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"The National Iranian Oil Company (NIOC) managing director said on Sunday the implementation of the pressure-boosting project in the joint South Pars (SP) gas field in the Persian Gulf will generate $900 billion in revenue.","protected":false},"author":1,"featured_media":10091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,20,22,36,19,43,35],"tags":[],"services":[],"class_list":["post-10090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-gas","category-iran","category-lastnews","category-news","category-south-pars","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/10090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=10090"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/10090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/10091"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=10090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=10090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=10090"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=10090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}