He said that while 4 billion cubic meters of APG is currently being collected per year, under the quantitative target set of the seventh development plan (2024-28), this figure should reach 16 billion cubic meters per year (BCM).
Paknejad emphasized the importance of reducing gas flares, saying that there are currently a large amount of gas burning in upstream oil operations, representing the loss of national resources.
He explained that projects and measures are defined under short-term and long-term plans to address this issue. Currently, 4 billion cubic meters of APG is collected per year, which should increase to 16 billion cubic meters per year, as outlined in the seventh development plan.
Paknejad highlighted recent advances, saying that over the past month and a half, about 40 million cubic feet of gas have been collected from rags per day from rags.
The figure currently reaches 80 million cubic feet per day, and is expected to rise to 120 million cubic feet a day by the end of the Iranian calendar month in Fabadhan (mid-April). He expressed hope that the process will continue until gas flaring and waste of natural resources are eliminated.
MNA/shana.ir