Page 14 - MEOG Week 34 2022

MEOG NEWS IN BRIEF MEOG

equipment with a working pressure of 15,000 Company (NIOC) said an annual $400 besides preventing fuel smuggling in the
psi (pounds per square inch): “Based on million of hard currency earning will be island.
the production and development agenda of one of the benefits of developing a gas The plan to transmit gas to power plants
NIOC, we have stepped in the new generation transmission project to Kish Island. on Kish Island using the infrastructure of
of oil and gas fields development, and the During a virtual ceremony to officially the phase one development plan of Kish
serious plan of under the Raisi administration launch a gas transmission project in Kish field, began in January 2018 under the
is to develop Fahliyan and Khami reservoirs. Island on Monday, Mohsen Khojastehmehr responsibility of the employer, Pars Oil and
He continued: “Likewise, the first plan said that the project would also free up to Gas Company, on behalf of the National
of the National Iranian South Oil Company 7,000 tons of liquefied petroleum gas (LPG) Iranian Oil Company, with the construction
(NISOC) was presented to the NIOC for for the country to take advantage of. of gas transmission pipelines and related
the development of a number of fields of The CEO of the National Iranian Oil stations as well as a string of fibre optic cables
the Khami and Fahliyan groups, including Company announced the annual hard with a total length of 127 km.
Maroon Khami, Ahvaz Khami and Aghajari, currency benefits of the project at $400 SHANA
and a number of others with an investment of million, and: The hard currency earnings
$5.5 billion.” The NIOC CEO further said this and investment return of this project is
action is being carried out by negotiating with tantamount to an export income for the SERVICES
petrochemical companies and their investing country.”
and financing, which entails the supply of In describing the benefits of this project, SCOP begins construction
petrochemical feedstock, light gas supply, and referring to its environmental aspects, he
oil production. said: “Gas supply to two power plants on Kish of gas pipe for Akkas power
Khojastehmehr added: “These fields have Island, business prosperity, social welfare and
special characteristics and high pressure and important indicators of social responsibility station
temperature compared to other geological are among the achievements of this important
formations, and unfortunately, the monopoly national project.” The engineering and technical staff of the
of the manufacture of these goods and The NIOC CEO further said: “This State Company for Oil Projects (SCOP), has
equipment is in the hands of a few American project can have export achievements for the begun a project to extend a gas pipeline from
companies, which prevent their sale to our country by saving about one million litres Akkas gas field to Akkas power station, in Al-
country; for this reason, fortunately, one of the of gasoil per day and curb the non-optimal Qaim district, Anbar Governorate.
Iranian companies with the order of NIOC use of about 7,000 tons of LPG per year in The Director General of SCOP, Eng. Shaker
has started to manufacture a knowledge-based Kish Island. Moreover, production of sweet Mahmoud Khalaf, said, (The national efforts
and technological item for the first time in water and power will also increase thanks to of the Company, represented by Baghdad
the country, and with the unveiling of this implementation of the project.” Projects Authority and Midland Projects
equipment, we ordered four samples of which Khojastehmehr announced the investment Authority, are implementing a project to
two have been built.” cost of this project at $350 million, and construct a (16) inches pipeline over a (30)
According to him, “among its features said: “The daily transmission capacity of km track, and a (6) inches flow lines over a
is that although its class is 15,000 psi, it has the gas transmission project to Kish Island (35) km track).
passed the 22 psi test, and this is a valuable is currently 28 million cubic meters, which He further explained that pipeline laying
measure at the international level, and we will be used at the beginning of the route and welding have been implemented in a
should seek to export it.” according to the needs of the island.” record time and with a non-stop working,
SHANA Referring to the gas supply to the entire notwithstanding difficulties of working in a
Kish Island with the plans of the National land of rocky nature, adding that SCOP staff
Iranian Gas Company (NIGC), he added: “By were able to overcome such difficulties and
GAS exploiting this plan and accessing its benefits have reached an advanced working stages with
and achievements, the long-standing wish the aim of completing the project to operate
Iran Eyes $400m/y Profit in of the people of Kish Island and economic Akkas power station.
activists and industrialists to use clean fuel has
MOO
Kish Gas Project been fulfilled.”
The official went on to add that the return
The CEO of the National Iranian Oil on investment of the project takes a year

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