Monday, June 08, 2009

During the inauguration ceremony of the biggest gas injection project in the world, gas injection into the Aghajari oil reserves, the Iranian Oil Minister announced that with injection of gas into the Aghajari gas reserves, the extractable amount of oil from this reserve will increase to between 2-5 billion barrels. 
Gholam-Hossein Nozari continued: "This is one of the biggest gas injection into oil reserve projects and has been assigned as priority by the respected IRI Supreme Leader and is under implementation.
He further stated gas injection is one of the best methods of increasing extraction from the 10 reserves within the country. The execution of phases 6, 7 and 8 of the giant South Pars gas fields, installation of 510 km. of pipeline, land surface facilities and digging of 21 wells costing over 2,700,000 bn rials are other aspects of the project.
This project aims to inject one bn cubic feet of gas every day and in the next month the Aghajari reserve will reach two bn cf per day. The present production rate of the project is 200,000 barrels per day which will hopefully reach 300,000 b/d in the future, but without execution of this all important projects the production would have remained at 50,000 barrels per day.
The Minister of Oil concluded that the gas injection into the reserve is paving the way for use of future generations and added that the gas injected into the field as well as the oil extracted can be reused in the sweetening process, network boosting and re-injection into the consumption sector of the country.

CHAGALESH, KEYSON and HIRBODAN work in this project as a joint partnership.