TEHRAN -- The development project of oilfields of Shadegan and Gachsaran will be soon approved, with the purpose of increasing the oil production in these fields, Bahman Samimi, an official working in development project of the eight oilfields said on Tuesday.
According to the plan, the board of directors of the National Iranian Oil Company (NIOC) will soon evaluate the project of developing Shadegan and Gachsaran oilfields, and then the state-run company will issue the permission on the development project, he added.
He explained that after issuing the permission for developing these oilfields, the documents of the bids on the project would be prepared, and the fields would be put on tender in order to prepare the master development plan (MDP).
Samimi further explained that preparation of the MDP would take one year, in which different aspects of developing the fields would be studied.
Upon approval of the MDP, the oil production will increase to 80,000 barrels from 50,000 in Shadegan, and in Gachsaran, the production will be boosted to 600,000 barrels from the current figure of 480,000, he noted in conclusion.
© Tehran Times 2005
