{"id":13968,"date":"2025-04-23T03:48:24","date_gmt":"2025-04-23T03:48:24","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=13968"},"modified":"2025-04-23T03:57:44","modified_gmt":"2025-04-23T03:57:44","slug":"13968","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/13968\/","title":{"rendered":"50 gas fields to be developed with $41b investment"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The acting head of engineering and development at the National Iranian Oil Company announced that investment packages have been prepared to develop 50 gas fields, aiming to increase daily gas production capacity by 500 million cubic meters.<\/p>\n

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Reza Aqebati, speaking Tuesday at a specialized meeting on investment opportunities in gas field development during the “Transformation in Investment and Development in Iran\u2019s Upstream Oil and Gas” event, detailed the packages:<\/p>\n

– Onshore fields: 35 fields requiring over $13 billion in investment.<\/p>\n

– Offshore fields: 14 fields needing around $27 billion in investment.<\/p>\n

The packages are divided into two main categories:<\/p>\n

1. Fields in the oil-rich southern regions, mostly high-pressure with high production volumes.<\/p>\n

2. Onshore fields managed by the Central Iran Oil Company, open to a wide range of investors, from small to large.<\/p>\n

Aqebati stated that the 35 projects across 50 gas fields will boost Iran\u2019s gas production capacity by 500 million cubic meters per day with a total investment of about $41 billion.<\/p>\n

\u00a0Projected output by company<\/strong>:<\/strong><\/p>\n

– South Pars Oil and Gas Company: Over $18 billion investment to increase daily production by 7 billion cubic feet.<\/p>\n

– Central Iran Oil Company: $8.3 billion investment to add 5.5 billion cubic feet per day.<\/p>\n

– Iranian Offshore Oil Company: $9 billion investment to raise capacity by 3 billion cubic feet per day.<\/p>\n

– National Iranian South Oil Company: $5 billion investment to boost output by 2 billion cubic feet per day.<\/p>\n

– Arvandan Oil and Gas Company: Over $200 million investment to add 200 million cubic feet per day.<\/p>\n

\u00a0Undeveloped onshore fields<\/strong>:<\/strong><\/p>\n

These fields hold an estimated 71 trillion cubic feet (TCF) of recoverable gas, with a production potential of 7 billion cubic feet per day, requiring $13 billion in investment.<\/p>\n

Investment packages start at $50 million, covering fields such as:<\/p>\n

– Bibi Hakimeh<\/p>\n

– Kavir Kouh<\/p>\n

– Samand<\/p>\n

– Shahini<\/p>\n

– Karoun<\/p>\n

Aqebati highlighted Shahidan field in Khuzestan (managed by the National Iranian South Oil Company) as suitable for smaller investors, needing about $50 million for development. Cheshmeh-Shour field in Razavi Khorasan is also crucial due to high gas demand in the northeast.<\/p>\n

Other notable onshore fields include:<\/p>\n

– Sefid Khami (Khuzestan)<\/p>\n

– Kuh-e Asmari<\/p>\n

– Mokhtar<\/p>\n

– Ahvaz Khami<\/p>\n

\u00a0Investment models<\/strong>:<\/strong><\/p>\n

The packages feature attractive contract models, including the Iran Petroleum Contract (IPC), designed to attract both domestic and foreign investors. These projects are expected to significantly boost Iran\u2019s gas production, meeting domestic and export demands.<\/p>\n<\/div>\n<\/div>\n

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