{"id":559,"date":"2022-07-05T16:50:59","date_gmt":"2022-07-05T16:50:59","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=559"},"modified":"2022-07-05T16:51:01","modified_gmt":"2022-07-05T16:51:01","slug":"minister-irans-major-oilfield-to-become-operational-soon","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/559\/","title":{"rendered":"Minister: Iran&#8217;s Major Oilfield to Become Operational Soon"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Iranian Oil Minister Javad Owji announced that the project for the development of Azadegan joint oilfield in the Persian Gulf will become operational with a 7-billion-dollar funding by a consortium of mostly private sector investors.<\/p>\n\n\n\n<p>&#8220;For the first time in the history of Iran\u2019s oil industry, the integrated project for the development of Azadegan oilfield, with 7 billion dollars in finance by private and public banks, economic holdings and the National Development Fund, and with the aim of increasing the field\u2019s production to 570,000 barrels a day, will become operational,\u201d Owji said in a tweet.<\/p>\n\n\n\n<p>Azadegan oilfield in Southwestern Iran is estimated to hold 33 billion barrels of crude in place, and as such, is one of the largest oilfields in the world.<\/p>\n\n\n\n<p>Iran has repeatedly attempted to launch the development of the joint field with Iraq, with the cooperation of foreign investors, but those ventures have failed.<br><\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2022-07-05T16:51:01+00:00\"> 5 July 2022<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Iranian Oil Minister Javad Owji announced that the project for the development of Azadegan joint oilfield in the Persian Gulf will become operational with a 7-billion-dollar funding by a consortium of mostly private sector investors. &#8220;For the first time in the history of Iran\u2019s oil industry, the integrated project for the development of Azadegan oilfield, [&hellip;]","protected":false},"author":1,"featured_media":560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,36,19,16,35],"tags":[],"services":[],"class_list":["post-559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-iran","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/559","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=559"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/560"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=559"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}