A $1 billion contract with the Ministry of Oil

Managing director of the Central Petroleum Corporation, referring to the contract for the development of the 2nd gas field in the form of quitting the ceremony to the building site of Khatam-ol-Anbia, announced the value of the contract to nearly $ 1 billion.

Mahdi Fakour announced the transfer of the contract for the development of the 2nd gas field as a quit to tender for the construction site of Khatam-ol-Anbia (SAP) and said: The contract for the development of the Halgan and Sefid Baghon gas fields The EPCF form is assigned to Khatam Anlbia.
Managing director of the oil company in the central regions of Iran, emphasizing that the value of this gas contract is estimated at nearly $ 1 billion (about $ 970 million), stated: According to the agreement reached between the National Oil Company and the Khatam Anelibiya headquarters, all financial resources And the investment in the development of these two gas fields will be provided by this complex.

The member of the board of directors of the National Iranian Oil Company, emphasizing that the goal of the development of the Halgan and Sefid Baghon fields is 19 million cubic meters of natural gas per day, said: To develop these two fields, the Master Plan for the Development of the Field (MDP) Phase-to-phase development by Khatam-ol-Anbia’s construction site and approved by the National Oil Company.

Referring to the new order of the Minister of Oil on the conditions for the transfer of oil and gas contracts in the form of quit tender formalities, he explained: According to this order, the Minister of Petroleum has delegated powers to various companies to provide those contractors with a desirable financial ability Exit formalities in projects.

Fukur emphasized: According to the contract, Halgan and Sadegh Baghon gas fields development projects have been awarded to this complex in the form of quit tender formalities due to the sufficient financial resources of Khatam-ol-Anbia’s construction site.

Independent gas fields of the Hague and White Gardens are the newly discovered fields of the country, with a total storage capacity of Halong Square of 12 trillion and 400 billion cubic feet, equivalent to 355 billion cubic meters.

It is estimated that about 70 percent of the reserves in the field will be equivalent to eight trillion and 938 billion cubic feet. Also, the volume of gas condensate in the Halgan gas field is estimated at 249 million barrels, of which about 98 million barrels can be recovered.
The white field of Baghon has about 6 trillion cubic feet of natural gas storage capacity, which is located next to Khalgan Field in Fars province.

Source » https://www.mashreghnews.ir/news/42855

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