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OIL compared to last [calendar] year.” billion rials (about $223,960), he added.
While emphasizing that the amount of Pour-Zeytani noted that 27 billion rials
Two more wells drilled at revenues from oil sales this year has been very (about $99,129) was spent to complete the
mentioned nine projects in 1400, which was
positive compared to last year, he added: “The
Iran’s Danan field performance of the Ministry of Petroleum this 70 percent more cost-efficient compared to
year compared to last year has achieved about
the imports of similar products from abroad.
The operator of a project to maintain and 40% rise in the receipt of revenues.” “Some of the projects that were completed
enhance productivity at Naftshahr, Saadatabad The Minister of Petroleum stated: “In the last year include the production of a portable
and Danan fields in at the Iranian Central Oil first three months of the year, about 40% of turbine washing machine and the personnel
Fields Company said: “In order to maintain the receivables of the Ministry of Petroleum transport basket, have been carried out for
and enhance production in this field, drilling from the sale of crude oil, gas condensate the first time in the country, and the rest
of two more wells in Danan oilfield in Ilam and petroleum products, natural gas and have been the first experiences of Pars Oil
province has come to fruition.” petrochemicals have increased compared to and Gas Company in this field, which is very
According to the Iranian Central Oil Fields the first quarter of last year.” important,” he explained.
Company, Parviz Salehvand said: “Drilling of SHANA He further noted that POGC is also in talks
these two wells is among the ninth and tenth with domestic knowledge-based companies
of the 11 wells that are being implemented for the production of 16 more items and
under the new model of new oil contracts in GAS added that the projects for the production of
the west of the country.” the mentioned 16 items have been targeted
He said: “According to the plan, it is Iran works to increase to be completed in the next Iranian calendar
predicted that from wells 20 and 15 of year.
the field, 1,000 bpd and 2,000 bpd will be domestic platform Domestic production of oil and gas
produced, respectively.” industry equipment has been always among
The produced oil will be transferred from equipment production the objectives of the Iranian Oil Ministry.
the 11 wells for processing through 50 km of However, the issue became further
pipeline to the separation centre, he said. The acting head of the Domestic Production highlighted since the re-imposition of the U.S.
Salehvand noted that in continuation of the Committee at Iran’s Pars Oil and Gas sanctions and Washington’s determination for
completion of drilling operations, exploitation Company (POGC) said his company is cutting off the Islamic Republic’s ties with the
and extraction from seven other wells in going to domestically produce 19 platform world advances in knowledge and technology,
Danan field is also on the agenda. equipment items by the end of October, the especially in the oil and gas sector.
SHANA POGC portal reported. Back in January, Oil Minister Javad Oji said
POGC, which is in charge of developing domestic producers are currently supplying
40% growth in receipt of the country’s giant South Pars gas field in the over 70 percent of the oil and gas industry’s
needed equipment, adding that this figure can
Persian Gulf, is collaborating with domestic
Iran’s oil revenues knowledge-based companies to manufacture increase to 95 percent.
the mentioned items of which seven are in
TEHRAN TIMES
The Iranian Minister of Petroleum said the the final stages of production, according to
country’s receipt of oil revenue has increased Qasem Pour-Zeytani.
by 40% in the first quarter of the current Over 45 billion rials (about $165,216) SERVICES
calendar year, which began on March 21 has been invested in the projects defined for
compared to the same period last year. the construction of the said equipment, the Iran ready to export
Speaking on Tuesday (June 21) on the official said.
sidelines of the meeting of the Program, According to him, the mentioned 19 items technical, engineering
Budget and Accounts Committee of the will save the company about 45 billion rials,
Islamic Consultative Assembly, Javad Owji and their domestic production is 50 percent services to Iraq
said: “In this meeting, a report was presented cheaper than similar foreign samples.
on the performance of the Ministry of POGC completed nine projects regarding The CEO of the National Iranian Oil
Petroleum and exports of petrochemical the domestic production of similar equipment Company announced Iran’s readiness to
products, as well as revenues from the sale of in the previous Iranian calendar year (ended export technical and engineering services to
oil resources in the first quarter of the year on March 20) which saved the company 61 Iraq, saying: “Iran wants to benefit from Iraq’s

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