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NISOC Collecting 42Mcm Associated Gases

Source: www.gulfoilandgas.com 12/5/2016, Location: Asia

Managing Director of National Iranian South Oilfields Company said, roughly 42 million cubic feet of associated gases is now being collected by NISOC.

Bijan Alipour added, in bid to collecting 7 million cubic meters of gas, other 13 projects worth Rls. 7500 billion have been scheduled which are currently underway.

“$800 million has been allocated national development fund to sustain and boost production, of which $555 million goes to NISOC,” He added.

Commenting on company measures regarding wastes management, he added, contaminated waters were previously discharged in drilling rigs locations, but by designing and implementing advanced systems, damage to ground waters has reached to a minimum level.

Speaking about protective measures in line with saving Khouzestan wetlands, he noted, revitalizing Hour and Hoveyzeh wetland is now a top priority for us, especially after the decree of Iranian Petroleum Minister regarding this environmental issue.

As the largest nationwide oil producer, NISOC output accounts for 80% of crude oil and 16% of gas.

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