Ministry: Iran's Gas Fields Output Registers Growth
The Iranian oil ministry announced that the average gas production in the country’s fields surpassed 1,000 million cubic meters per day.
Production of crude gas, for the first time ever, surpassed 1,000 million cubic meters a day during last Iranian year (ended March 20, 2022), the ministry said.
It added that the achievement was made due to a jump in gas production at the South Pars Gas Field which is shared by Qatar.
Meantime, the ministry said that gas production from the giant field set a record of 705 million cubic meters a day in January 2022 thanks to the fact that the new phases of the South Pars have become operational.
It added that gas production at the South Pars increased by four percent during last Iranian year, noting that further increase in gas production at the joint field is on its agenda.
Iranian government figures show production in South Pars, the world’s largest gas field which is shared between Iran and Qatar in the Persian Gulf, has nearly tripled in seven years to reach over 700 mcm a day.
That has allowed Iran to link many electricity stations and manufacturing units to natural gas while saving precious fuels like gas oil for the purpose of export.
Iran’s national gas pipeline network is currently expanding to reach remote and normally deprived regions near the Eastern and Southeastern borders.
Source: Fars News
Top News
Five last month
Two last year
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine
Abandoned copper mines embraced as fast track to boost output
Glencore posts lower metals output for first nine months, reiterates outlook
Mercuria eyes equity in African assets, new metals boss says
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Traders see gold as a surefire bet as coin-toss election looms
Gold price surge adds glitter to tarnished miners
Environmentalists sue over US approval of ioneer’s Nevada lithium mine
Gold price shows little reaction to jobs data
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
Liberty Gold advances Black Pine project permitting
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years