Page 11 - MEOG Week 45 2022

MEOG NEWS IN BRIEF MEOG

gathering stations, 11 gas injection stations, 3 GAS Commodity Insights in an interview in Abu
pumping stations and about 3,300 wells, more Dhabi.
than 2,500 of which being productive.” Extension of iran gas export Hosono said he met with UAE energy
Daneshi said about the next five-year plan minister Suhail Mazrouei in Abu Dhabi and
of NISOC: “We will work on 254 development deal to Iraq on agenda other “powerful” people in recent days as part
wells and repair 546 existing wells, and in total of bilateral talks to develop new partnerships
we will work on 802 wells and repair 4600 The CEO of the National Iranian Gas in various projects including hydrogen,
wells in this scheme.” Company (NIGC) announced the start of ammonia and carbon capture.
He added: “Through these activities, we negotiations between Iran and Iraq regarding He said that in Saudi Arabia Jogmec is
will obtain about 1,860,000 barrels per day, of the continuation of gas exports to the latter. “exploring’’ possible partnerships in hydrogen
which 347,000 barrels will improve our daily According to NIGC, Majid Chegeni, and ammonia production and storage, R&D,
production capacity. Our goal for the next five during a televised interview, spoke about the and human resource development following
years is to reach about 3.28 million barrels per performance of his company in the field of gas a memorandum of cooperation with Saudi
day.” export, stating that the 13th administration Aramco signed in October, he said.
SHANA since taking office, has been very active in the “When it comes to the UAE since we are
field energy diplomacy, especially in the field enjoying long-term relations in oil and LNG
Iran eyes 15-40% oil output of gas. supply, there is actually an ongoing project
He continued: “Our negotiations with Iraq
with respect to ammonia in the works,” he
rise by EOR regarding the continuation of gas exports to said. He declined to elaborate.
Japan was already looking to develop new
this country have begun, while our first export
The integrated planning director of the contract to Baghdad will expire next year, sources of energy before Russia’s invasion of
National Iranian Oil Company (NIOC) and the first part of the negotiations is also Ukraine, which has led to Japan ceasing crude
said by applying EOR and IOR methods dedicated to this contract.” oil imports from Russia. Last year, INPEX
the country’s petroleum production could The deputy minister of petroleum for gas said it wanted to explore the commercial
increase by 15 to 40 percent. affairs also stated that the Iraqi side is applying potential of a clean ammonia production
Addressing the first national conference for the extension of the gas export contract business in Abu Dhabi in cooperation with
on increasing the productivity of oil and gas and Iran is positive about this. state-owned ADNOC and Japanese company
wells at the specialized conference center Referring to the development of energy JERA and Jogmec. In June, INPEX, IHI Corp.
of the National Iranian Oil Company on relations with neighboring countries, Chegeni and Mitsui OSK Lines successfully completed
Tuesday, Karim Zobeidi said that the way to emphasized: “Iraq needs energy, especially shipping of a clean ammonia cargo to Japan
communicate with oil and gas reservoirs is the gas, and we are trying to meet this need by from the UAE.
wells and focused should be directed on their extending the contract with this country.” Japan meanwhile remains hugely
study. SHANA dependent on Middle Eastern crude oil. The
Petrophysical charts, production, region accounted for 95.6% of its imports in
imaging, diameter analysis, pressure and September, with the UAE and Saudi Arabia
temperature, and well testing are the ways of SERVICES the largest suppliers, according to data from
communicating with reservoirs today, he said. the Ministry of Economy, Trade and Industry.
He stated: “Currently, the average recovery Jogmec keen to support The memorandum of cooperation
from oil and gas wells in the country is 1,500 Jogmec signed with Saudi Aramco will see it
barrels per day in the oil sector and 1,500,000 energy transition in Saudi, potentially provide risk capital for hydrogen
cubic meters per day in the gas sector.” and ammonia production projects in Saudi
The NIOC official further said that UAE Arabia, along with carbon capture.
production of oil well averaged at around “We believe the strengthening relations
37,000 b/d prior to the 1979 revolution and Japan Oil, Gas and Metals National Corp. is with Saudi Aramco is very important going
investment is needed to enhance output of old keen to support energy transition projects forward,” he said.
fields like Maroon, Gachsaran, Aghajari and in Saudi Arabia and the UAE, countries that “There are many possibilities” that could
Ahwaz. are making inroads into new areas of energy result from the Jogmec-Aramco cooperation,
SHANA while maintaining their traditional fossil he said, highlighting ammonia, hydrogen,
fuels industries, the company’s Chairman R&D and human resource development, but
and CEO Tetsuhiro Hosono told S&P Global added that “we are still in the exploration

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