Project for early production from Azadegan field ready

Managing Director of National South Oil Regions Company Seyfollah Jashnsaz said here Wednesday that the first phase of the project for early production from giant Azadegan oil field, 62 kms west of Ahvaz, is ready for operation.

Jashnsaz told IRNA that the phase will be operational in the presence of oil minister on February 9 with a daily output of 25,000 bpd crude.

He said the project has been implemented fully by Iranian experts.
He added that six wells have been in operation and 350 kms of pipelines --in different sizes-- have been laid down for operation of the phase.

The official said the project has been handled fully by Iranian experts as the Japanese company, INPEX, declined to invest in the huge project under the US pressure.
The Japanese party's share in the project hence decreased to 10 percent from 90 percent, he added.

The official said operation of the project is a manifestation of the expertise of Iranian technicians and engineers.

Azadegan oil field is estimated to contain 33 billion barrels of crude.

ISNA