Return of the country’s oil production capacity to before the sanctions

Company News: One of the most important areas in which the oil industry has been able to get an acceptable score has been in the field of international and oil sales. This was a problem that had arisen after the withdrawal of the United States from the UN Security Council and the return of sanctions, and Iran’s oil exports had fallen sharply.

* Increase production capacity and development of oil and gas fields

In the nine months that the 13th government has been in power, jihadist actions since the beginning of October 1400 have restored crude oil production capacity to pre-sanctions levels of 3,838,000 barrels per day.

During the same period, the country’s oil exports increased by 40% and gas condensate exports increased by 350% compared to the twelfth government.

Access to oil money has grown by 300 percent since the thirteenth government took office, despite sanctions. Revenues from exports of crude oil, gas condensate, natural gas, petroleum products and petrochemicals increased significantly during this period. On the other hand, more than 180,000 tons of gas condensate were sold on the energy exchange with a value of more than 19.7 thousand billion rials.

Increased oil exports, commissioning and operation of light crude oil export line of West Karun Pump, crude oil exports to the northern countries of the Caspian Sea for the first time and the opening of new oil export gates in the 13th government and the National Oil Company has been done.

In order to increase the oil export capacity in the country, the 13th government has set up 4 South Pars LPG storage tanks and exported LPG, increased the country’s crude oil storage capacity by 3 million barrels and designed the software of the metering supervision system software to increase accuracy. Measuring crude oil exports.

In addition to increasing crude oil exports, exports of petroleum products, including fuel oil, diesel, gasoline and gas condensate, have continued to play an important role in securing the country’s currency due to international restrictions and harsh sanctions.

The 13th government in order to increase the country’s oil production capacity, well-centered measures, including repair and maintenance operations on oil production wells by carrying out about 1800 in-well operations, drilling operations and bringing 13 wells into production orbit in the southern Azadegan field and production of this field from 80 to 103 thousand barrels per day, overhaul of onshore oil and gas production facilities and full readiness to return to maximum production with about 250 overhauls, overhaul of crude oil transmission lines related to 2300 km of pipelines, installation of pumps Inside wells in Aban, Paydar Gharb, Soroush and Nowruz fields, optimization of gas overflow system for 80 wells in west Karun and reconstruction and repair of pipelines for transferring oil flow from wells to consumption points of domestic refineries and export terminals Has planned and implemented.

* The record of gas production from the South Pars joint field was broken

One of the problems that various governments have struggled with is the lack of gas in the cold season. The 13th government, with its plans in this field, increased the production from gas fields and by breaking the record of gas production from the common field of South Pars, was able to pass the winter of 1400 without gas cut-off and blackout. In other words, the Ministry of Oil has prevented gas shortages in the country by providing stable gas in the winter of 1400.

During the same period, the daily production of 705 million cubic meters of gas from the South Pars joint field has occurred for the first time and the increase in daily gas production has reached 1 billion and 36 million cubic meters. To achieve this production record, ancillary facilities and the first row of the South Pars Phase 14 refinery were commissioned with intensive operational measures.

Commencement of operation of mercaptan project, de-condensation of gas condensate of South Pars refinery phases 2 and 3 to increase gas condensate export, operation of the first phase of liquefied gas export wharf with a loading capacity of 5,000 cubic meters per hour in Siraf port, start of pressure boosting project The phases of the South Pars joint field, by conducting basic and conceptual studies, preventing the burning of burner gas with a capacity of 92 million cubic feet per day and starting the construction of the Kish field gas transmission pipeline to produce 28 million cubic meters per day are among the cases. The thirteenth government has done to compensate for the gas shortage in the country.

$ 160 billion investment prospects in the oil industry

The 13th government has put $ 160 billion in investment on its agenda by drawing up an eight-year comprehensive oil and gas production plan from 1401 to 1408.
According to the comprehensive 8-year oil and gas production plan, Horizi plan to start the development of Arash joint field, use the financial capacity of the petrochemical sector to invest in the upstream sector, make a final decision to develop the North Pars gas field, approve the field development plan Changoleh oil is considered with the aim of achieving the production of 15,000 barrels of crude oil per day and planning and advancing the construction of South Pars pressure boosting systems.
According to many oil industry experts, most of Iran’s oil and gas fields are in the second half of their life, and although investment and use of modern technologies can increase the extraction rate of these fields, but maintaining the existing oil and gas production capacity Following this upgrade, this capacity will require new discoveries in the country. To this end, governments in the country must achieve part of this capacity building by exploring hydrocarbon resources with a commitment to sustainable development and engaging in international interactions.
The Ministry of Oil in the 13th government has also changed the strategies of oil and gas exploration in the country. The new strategy of the Ministry of Oil includes identifying and discovering oil and gas potentials in all sedimentary basins of the country on land and sea, efficient management on defining and conducting comprehensive studies. And integrated in exploration operations with the aim of increasing the exploration success rate, maximizing the oil and gas production coefficient and providing the development of new fields to maintain and improve production by discovering new resources and accelerating and completing oil and gas exploration projects in Khuzestan provinces , Fars, Bushehr, Kohkiluyeh and Boyer Ahmad, Golestan, Ardabil and Khorasan, where a total of 38 projects have been completed and 59 projects are underway, which will increase the number of exploration projects to 97 projects.

* Signs $ 3.7 billion contract for oil field development

The National Oil Company has signed $ 9.5 billion worth of investment contracts and memoranda of understanding since the new government took office. Contracts for the development of oil fields worth $ 3.7 billion have been signed in this government, which will pave the way for increasing production from these fields, especially joint fields.
Eight flame gas collection contracts were concluded with domestic EPCs worth $ 545 million last winter, which in addition to economic benefits, will also have positive environmental effects for the country.
Although increasing the production capacity and export of oil is one of the most important priorities of the oil industry in the thirteenth government, but in this direction, the maximum use of domestic production has not been forgotten as the production and delivery of more than 800 sets of equipment / equipment from 10 projects Goods including well equipment, wells in the well, well pumps and drilling rigs worth 4,290,000 billion rials and preventing the outflow of foreign currency from the country in the thirteenth government has been achieved.
One of the most important measures is the 100% realization of localization and construction inside well and in-well equipment.
According to the National Iranian Oil Company, 86 percent of well equipment items, 94 percent of in-well complementary fixtures, 13 percent of well pump items, 34 percent of cra pipe items and 5 percent of drilling rig items are now internalized.
Supporting 70 knowledge-based and technology companies in the projects of the Ministry of Oil
The National Oil Company has put a lot of emphasis on the use of knowledge-based companies in recent months. So much so that last year a call was made to rehabilitate low-efficiency wells using knowledge-based companies. Accordingly, so far in the 13th government, financial support has been provided to 70 knowledge-based and technology companies in the project of rehabilitating inactive and low-efficiency wells with a contract capacity of $ 750 million.
Also, the establishment of the headquarters for the transformation and advancement of knowledge-based technologies in order to implement the Supreme Leader’s menus and to draw a roadmap for establishing a knowledge-based economy in the National Iranian Oil Company is another step in promoting knowledge-based companies and technology in the oil industry.
Other measures include a $ 270 million technology contract with the University Jihad, a needs assessment of knowledge-based technologies at the National Iranian Oil Company, and the publication of a call for helium gas production projects and small-scale natural gas liquefaction plants.

* Development of technology with the aim of increasing the extraction coefficient of 20 oil fields

Also conducting research and technological studies to develop technology to optimize production processes and increase the extraction coefficient of 20 oil fields Azadegan, Soroush, Darkhovin, Kupal, Gachsaran, Bibi Hakimeh, Mansouri, Ahvaz, Karanj, Masjed Soleiman, Bink, Maroon, White Vein, Yadavaran, Alvand, Esfand, Nowruz, Doroud, Forouzan, Tang Bijar and its satellite squares have also been done.
The signing of a memorandum of cooperation worth more than 275 million dollars and the conclusion of a contract worth 16 billion tomans with the country’s university jihad to move in the direction of technology in just a few months from the beginning of the thirteenth government is another proof of this claim.
Applying modern methods of crude oil processing using fast construction equipment and creating incentives for marketing knowledge-based products by subsidiaries of the National Iranian Oil Company using the conclusion of memorandums including the provision of 2,000 billion tomans of credit previously signed with the Innovation and Prosperity Fund. Among the activities carried out to prioritize research and technological activities.

* Involvement of downstream companies in oil and gas projects

Investment and entry of downstream companies in oil and gas projects with the aim of supplying food to these units is also on the agenda.
Accordingly, the investment opportunity of the country’s banking system and financial institutions without considering the conditions of sanctions and non-sanctions, the investment opportunity of petrochemical holdings and oil industry subsidiaries in the plans of the National Iranian Oil Company and the possibility of investing knowledge-based companies upstream oil and gas and investment incentives Will be provided based on legal capacity.
Planning to prepare a database of investment plans and projects of the National Iranian Oil Company to present to investment applicants, holding meetings to introduce investment opportunities through a public call, explaining the structural benefits and investment mechanism in the oil industry with an export-oriented approach and explaining various investment methods with participation The people will be another measure for the presence of investors in the oil industry.

* Allocation of 470 million euros for the collection of associated gases

With the aim of protecting the environment, contracts were signed with eight Iranian gas collection projects worth 470 million Euros with Iranian companies in order to implement the improvement plan and construction of East Karun burner gas collection facilities.
With the implementation of these projects, about 400 million cubic feet of light gas will be provided to the National Iranian Oil Company daily, which will be used for injection into oil fields or to supply fuel to the country.
Also on the agenda is the follow-up of the auctions of the burner gas collection project of Masjed Soleiman area and Salman platform with a volume of 195 million cubic feet per day.
Completion of 385 public benefit projects with a credit of 556 billion Tomans
385 public benefit projects related to social responsibility with a credit of 556 billion Tomans and its delivery to the beneficiary operating agencies in the provinces have been done.
Also, more than 7,000 billion tomans have been approved by the board of directors of the National Iranian Oil Company related to the provincial trips of the President.
Accelerate the completion of 1246 projects of ongoing development projects worth more than 28,000 billion rials jihadist in the thirteenth government, provide 60,000 billion rials credit for social responsibility projects to support and eliminate deprivation of areas around the company’s oil facilities National Iranian Oil Company in the 13th government and allocating 4% of investments in oil and gas projects to social responsibility projects are other measures taken by the National Oil Company to implement social responsibility projects in the country.

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