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MEOG                                             POLICY                                               MEOG


       Iran’s oil minister says ‘no




       one wants to work with us’




        IRAN             THERE’S now not a country in the world that  (PEDEC).
                         will work with Iran in its oil and gas industry   The companies’ work at South Azadegan will
                         due to the threat posed by US sanctions, Ira-  include the building of a 320,000 b/d central
                         nian Oil Minister Bijan Namdar Zanganeh said  treatment export plant (CTEP).
                         during the signing of documents for a new oil   Iran plans to raise the daily oil production
                         field development project, official energy news  capacity of the field to 320,000 b/d within 30
                         agency SHANA has reported.           months.
                           Foreign energy companies—most notably   The South Azadegan project involves drilling
                         French major Total—have pulled out of the  35 wells, installing 50 downhole ESP pumps,
                         country since the reimposition of US sanctions  completing eight manifolds, completing two
                         in 2018.                             intermediate separation plants and constructing
                           That has forced industry development work  328 km of flow pipelines, 45 km of communi-
                         back into the hands of Iranian companies.  cation pipelines and 65 km of gas and crude oil
                           “No country is ready to sign agreements with  transmission pipelines running from the CTEP
                         us,” Zanganeh was quoted as saying   to the West Karoun Pumping House and NGL
                           He added that in oil and gas “Iran is ready to  3200.
                         cooperate with any country except Israel.”  The parties to the contract said the CTEP
                           Zanganeh made the remarks on the sidelines  would process 320,000 b/d and would thus be
                         of a contract signing for the $961mn comple-  the largest such processing unit in Iran.
                         tion of the development of South Azadegan   Azadegan is one of Iran’s best producing oil
                         field by Iranian companies Petropars and Petro-  fields. Its estimated capacity is more than 53bn
                         leum Engineering and Development Company  barrels of crude.™




       Greek military warns



       Turkey over seismic vessel





        TURKEY           GREEK daily Kathimerini has reported military  been engaging in telephone diplomacy with Mit-
                         sources in Greece as saying that if cables of the  sotakis and Erdogan in an attempt at heading
                         Turkish Oruc Reis seismic research vessel come  of the danger of Greece and Turkey’s relations
                         into contact with the Greek continental shelf,  plummeting to a point where military conflict
                         Turkey will have the “complete and exclusive”  might seem a real possibility.
                         responsibility for what will follow.   However,  French  President  Emmanuel
                           The report followed a Turkish Navtex naval  Macron has taken an aggressive line towards
                         advisory announcement issued last week that  Turkey, reiterating his full solidarity with Greece
                         Athens claimed reserved areas within the Greek  and Cyprus over the hydrocarbon resources con-
                         continental shelf area for seismic surveys by the  troversy and calling on the EU to impose sanc-
                         Oruc Reis as part of Turkey’s search for gas and  tions on Ankara for territorial infringements.™
                         oil. The same sources were quoted by the news-
                         paper as saying that Greece’s armed forces have
                         entered a state of increased readiness in response
                         to Ankara’s decision to dispatch two-thirds of the
                         Turkish naval fleet to the Aegean Sea.
                           Only a few weeks ago, Greek Prime Minis-
                         ter Kyriakos Mitsotakis and Turkish President
                         Recep Tayyip Erdogan agreed to keep channels
                         of communication open on matters of dispute.
                           Spokesman for the Turkish presidency, Ibra-
                         him Kalin, said “Greece’s reaction was excessive”
                         in response to the Navtex.
                           German Chancellor Angela Merkel has lately



       Week 30   29•July•2020                   www. NEWSBASE .com                                              P9
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