
Gholam-Reza Mofidi, CEO of Karoun Oil and Gas Production Company (KOGPC), has announced that more than $1 billion has been invested in the removal of gas pollutants. He said that the company had gathered 95% of its pollutant gas. Mofidi underscored the need for oil companies to use mobile oil treatment (MOT), saying: “The manufacturing of this equipment in the country has progressed gradually and KOGPC has reduced its oil burning to zero.” He said that 80,000 b/d of waste was being released, which amounted to about 20 million barrels for the current calendar year. “Now, thanks to our initiative projects, we have managed to recycle waste,” he said. Mofidi touched on the knock rating of the flare, saying: “Although we have acquired technical knowledge for knock rating in south oil-rich regions, we have implemented this process in some units.” He said that about 29 mcm of gas was not flared in the operating units of Ahvaz, adding that the costs spent in gas flaring prevention would return within three months. Mofidi referred to the manufacturing of 500 items of commodities worth about IRR 54 billion, saying: “This amount of commodity has been manufactured by domestic suppliers and manufacturers and the domestically-manufactured commodities include mainly processing machinery, pumps and compressors, transducers and flares.” He said KOGPC had purchased about IRR 500 billion worth of domestically-sourced commodities since 2018, while more than IRR 500 billion had been orderedPetchem Jump Projects Under Way Iran’s National Petrochemical Company (NPC) regularly monitors and evaluates priority petrochemical projects. To that effect, the projects envisaged for the second and third jump in the petrochemical industry are sponsored by NPC. The company’s officials have been following up on the petrochemical projects over the past one year, regularly visited prioritized projects and been kept abreast of the projects in a bid to identity and overcome obstacles and challenges in their way. Under the second jump, a group of projects must come online by 2021, while under the third jump, the envisaged projects would become operational by 2025. The level of progress of various projects, as well as challenges faced by them was reviewed and assessed. Operation of the second and third jump projects would bring about a major development in the petrochemical industry