TEHRAN July 13 (Shana)--Petroiran Development Company has fulfilled its obligations for the development of Forouzan oil field which Iran shares with Saudi Arabia, a company official said.
Mehdi Haji-Hosseinzadeh said Petrorian has fully honored its commitments in this project.
He said Petroirans activities included designing, construction and installation of FZ-A processing platform, FY-A living quarter platform and subsea pipeline.
He said the construction of FZ-A platform took one year, adding that pipe-laying operations were done with the help of Iranian Offshore Oil Company (IOOC).
Forouzan field is located 100 kilometers southwest of Kharg island. Production from this field is expected to double in 2016. By transmitting associated gas produced in this field to Kharg island, 200 mcf/d of gas would not be flared off.
By SHANA
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