Monday, May 10, 2010

Iran eyes shared oil and gas field

ASALOUYEH, Iran, May 10 (UPI) -- Development of oil and natural gas fields shared by Iran and its neighbors are high on the national agenda, energy executives announced.

Ahmad Qalebani, managing director of the National Iranian Oil Company, said domestic contractors in Iran had made advances needed to accelerate developments in the South Pars gas complex, the Iranian Oil Ministry's Petroenergy Information Network reports.

Iran shares South Pars, the largest gas complex in the world, with Qatar. The director didn't elaborate on the specifics of the domestic advances.

Iran also shares several oil fields with Iraq. Iranian forces in December took control of an oil well at al-Fakkah field, raising the Iranian flag over the disputed site. The border lacks official demarcation from the Iran-Iraq war in the 1980s.

Qalebani made his remarks during the weekend to mark his first visit to South Pars since becoming head of the NIOC in April.

No comments:

Post a Comment