According to POGC, Mohammad Meshkinfam said that the project
was aimed at production of 85 mcm/d of natural gas from the field.
The field, located 30 kilometers off the eastern coast of
Lavan Island, is estimated to hold 55 trillion cubic feet of in-place natural
gas in its reserve
Pars Oil and Gas Company (POGC) is replacing Petroleum
Engineering and Development Company (PEDEC) which developed the first phase of
the project.
Follow us on Twitter @
SouthPSEEZ