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MEOG NEWS IN BRIEF MEOG
OIL base an explosion caused considerable Company (NIOC).
damage. As the second-biggest gas producer in
Six oil tankers destroyed in BNN the country, this company has undertaken
the production and development of most
explosion in north-western ICOFC to set up pressure of the country’s onshore fields located in
Ilam, Bushehr, Chaharmahal-Bakhtiari,
Iran boosting stations for Northern Khorasan, Khuzestan, Fars, Qom,
Kermanshah, Kohgiluyeh-Boyerahmad,
At least 30 vehicles have been destroyed or central fields Lorestan and Hormozgan Provinces.
damaged after six fuel tankers exploded in an According to the ICOFC, the company
industrial town in north-western Iran. The Iranian Central Oil Fields Co. (ICOFC) is currently supplies almost half of the country’s
incident is the latest in a series of explosions going to implement a $600-million project gas demand.
and fires that have rocked the nation in recent for setting up pressure boosting stations to TEHRAN TIMES
weeks. ensure sustained gas supply to refineries in the
Following the explosion fire swept through country’s central regions. Petronas restarts
nearby vehicles and parts of the town of As reported by Shana, the mentioned
Dolatabad in Kermanshah province. “Six fuel project is aimed for the stable supply of production at Gharraf
tankers caught fire and exploded causing a feedstock to Parsian Gas Refinery in Fars
large fire in a parking lot in Dolatabad,” the Province, Fajr Jam Gas Refinery in Bushehr Petroliam Nasional Bhd (Petronas) has
ISNA news agency quoted the deputy head Province, and Ilam Gas Refinery in Ilam restarted production from the Gharraf
of the Kermanshah fire department Keyvan Province. oilfield (pic) in Iraq after going offline for
Maleki as saying. According to Mohammad Bahmaei, four months since mid-March, when it
“Fortunately, we did not have any casualties the ICOFC’s investment and development brought Malaysian workers home amid the
in this incident and only a few people were manager, due to the natural decline in the Covid-19 pandemic, a spokesman from Japan
injured,” said Maleki. He added that the cause recovery factor of gas fields and the fact that Petroleum Exploration (Japex) told S&P
of the incident is under investigation. most of these fields are in their mid-life age, Global Platts.
Since June numerous unexplained this program has been defined, which includes The resumption of work at the oil field
explosions and fires have taken place at the construction of gas booster stations in in southern Iraq followed the dispatch of
nuclear plants, military bases, and industrial Kangan, Tang Bijar, Homa, Tabnak, Naar, and personnel in mid-June by the national oil
sites. There are unconfirmed reports there was Varavi fields. company, after it had formed action plans
an explosion on Saturday night on Qeshm In this regard, the necessary permits have with the Iraqi government that included
Island in southern Iran. been obtained and negotiations are underway transporting of staff.
On 10 July an explosion rocked the city with contractors and domestic equipment However, it is not evident when exactly
of Shahr-e Qods in Tehran province and manufacturers for the construction of the the Gharraf oil field will continue production.
Garmdarreh west of Tehran. Two people were mentioned stations under Engineering Petronas declined to comment further when
killed in an explosion at an industrial plant Procurement, Construction and Financing contacted by theedgemarkets.com.
south of Tehran on 7 July. (EPCF) contracts, Bahmaei said. On March 18, Petronas announced that
On 2 July a fire extensively damaged the The official noted that for some of the it has safely evacuated all 80 of its Malaysian
underground Natanz plant which housed mentioned fields like Homa, Varavi, and employees from Petronas Carigali Iraq
Iran’s uranium enrichment program. Around Tabnak, the contractors have been chosen, Holding BV (PCIHBV), located in the
the same time nineteen people were killed the contracts are signed and the executive Gharraf Contract Area in Dhi Qar Province,
when an explosion occurred at a medical operations have been started. Iraq.
facility in the northern part of Tehran. Established in 1999, Iranian Central Oil Petronas said it was part of the group’s
On 26 June 26, east of Tehran near the Fields Company is one of the five major precautionary measure to ensure the health,
Parchin military and weapons development subsidiaries of the National Iranian Oil safety and well-being of its employees.
It also said PCIHBV has issued the
necessary notice in accordance with the
provisions of the development and production
services contract and engaged with the host
authority prior to the suspension of operation
and evacuation of its employees.
THE EDGE
KIPIC starts operation of
gas line feeding Al-Zour
Kuwait Integrated Petroleum Industries Co
(KIPIC) has begun operating the gas line that
will feed its long-delayed Al-Zour refinery,
state news agency KUNA said on Tuesday.
Originally planned more than a decade ago
P16 www. NEWSBASE .com Week 30 29•July•2020