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Central Oil Fields earns $ 42b in gas income

4 Mar 2014 - 9:34


TEHRAN, March 4 (MNA) � The CEO of Iran�s Central Oil Fields Company has said the company has made $ 42b in gas incomes in current year.
Salbali Karimi told Iran�s official news agency IRNA that all expenses and investments were only a small fraction of the figure, that is, 5 per cent of this income.

He pointed to the company�s capabilities in human labor and technology transfer. �Through a long-term and grand-scale plan, the company will be able to achieve international standards of conduct,� he added. �The government�s new approach is developing and operating of the maximum capacity of oil and gas fields and attracting technological capabilities of insiders and foreign companies,� Karimi was quoted by IRNA.

Karimi believed that the company should taken the opportunity to exploit the possibilities in protect and product from Hydrocarbour�reservoir.

Iranian National Oil Company Public Relations Office quoted the CEO of Iran�s Central Oil Fields Company that expansion of shared oil and gas fields was in the top of agenda in President Rouhani�s special decree. �Expansion of new fields and commitment to current obligations are also important in the plan,� he added.

By Mehr News Agency

 

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Story Code: 87048

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