National Iranian Oil Company (NIOC) plans to implement new oil projects in the near future, high ranking official Karim Zobeydi told IRNA.
The future plans include measures trying to alleviate restrictions placed on Iranian oil exports. In terms of projects, development of West Karoun oilfield and South Pars gas field are a top priority for Iran’s oil and gas industry. South Pars gas field is shared with Qatar and is respectively named North Dome by the Qataris. It is the world’s largest gas field with an area of 9,700 square kilometres.
Talking of installation of Salman offshore field platform in the Persian Gulf last year, Zobeydi described the movement a reflection to the power of Iran’s oil industry.