Exploration & Production

NIOC signs contract with Sofregaz to recover flared South Pars gas

National Iranian Oil Co. has signed a $50 million contract with Sofregaz for the recovery of flared gas at the South Pars field.
By Staff reporter 6 September 2017 0 27475

National Iranian Oil Co. has signed a €42 million ($50 million) contract with Sofregaz for the recovery of flared gas at the South Pars field, according to state news agency IRNA.

The project is expected to take 30 months to complete.