Global Leader in International Oil and Gas Industry News

posted in:

Pars Oil & Gas Company announces Qasemi underlines oil industry achievements

Monday, Feb 04, 2013

Development of oil industry is at the highest level this year when compared with past years, Iranian minister of petroleum, Rostam Qasemi said.

Addressing the 4th Khozestan Province Oil, Gas, Refining and Petrochemicals Exhibition, Qasemi said: Development of oil industry is one of our main priorities adding the country witnesses stepping up implementation of the large projects by reliance on domestic capabilities.

Referring to development of shared oil and gas fields, Minister of Petroleum said: Development of these fields is under way from Azar field to Qeshm field from west to south of the country.

Simultaneous operations is under way at 19 phases of South Pars gas field as the most important shared field of the country, amid implementation of development plans at Shazand, Tabriz, Lavan and Isfahan oil refineries that will come to an end before the end of current Iranian calendar year on 20 March 2013, Qasemi noted.

He remarked he was certain that fifth five year development plan targets would realize and daily oil and gas production would hit 5.5 million barrels and 1.4 billion cubic meters respectively at the end of the five year plan in 2015 plus remarkable growth in export of oil products and natural gas. 

Qasemi called holding the exhibition a very important initiative and underlined the necessity of more support of local manufacturers with regard to various qualified equipment they managed to display at  the event.

He also thanked the oil industry staff for production and export of oil and praised efforts made by National Iranian South Oil Company for laying the ground for interaction and close relations with domestic manufacturers as well as valuable breakthroughs in prompting domestically manufacturing.

The 4th Khozestan Province Specialized Oil, Gas, Refining and Petrochemicals Exhibition opened today morning in the presence of Minister of Petroleum, Rostam Qasemi, in Ahvaz, capital of the province, south of Iran.

More than 150 oil companies and industrial complexes involving in manufacturing oil industry equipment have participated in the 4-day event.

National Iranian South Oil Company (NISOC) is in charge of holding the exhibition that aims to promote domestically manufacturing.

Displaying domestic manufacturers’ capabilities, identifying needs of oil companies and boosting cooperation between the two sides are among the other targets of holding the exhibition.

Unveiling of three Iranian made strategic equipment, signing memorandum of understanding with manufacturers and holding specialized meetings with the aim of finding practical solutions to support domestically manufacturing are among the other programs of the exhibition.

Petroleum ministry’s subsidiaries, big manufacturing companies as well as research and scientific centers are also present at the exhibition.

Source: Pars Oil & Gas Company

To access over 3,000 of the latest oil projects from across the world visit Projects OGP for free trial today

posted in:

Other Oil & Gas News

Aker Solutions and Baker Hughes form subsea production alliance 23-04-2014
Gazprom to meet increased European demand and secure additional gas amounts for premium Asia-Pacific market 23-04-2014
Setting fair gas prices in Russia to boost domestic economy 23-04-2014
Rosneft head held Negotiations with Minister for Foreign Affairs of Mozambique 23-04-2014
A cold winter warms industry hearts and overshadows events in Europe 23-04-2014
Ennsub wins major contract to build two ultra-deepwater ROV deployment systems 23-04-2014
Seatronics invests to stay ahead in ROV tooling rental market 22-04-2014
Gastar Exploration To Host Investor Day In New York City On May 14 22-04-2014
Alaska moves one step closer to building gasline 22-04-2014
Summit Natural Gas completes 68-mile pipeline 22-04-2014