Hamid Bord, the head of the Ministry of Oil, elaborated on the resilience of the country's oil and gas industry in critical and wartime conditions in a note. He highlighted the importance of this industry in supplying domestic energy and exporting energy products, mentioning the reconstruction of four Assaluyeh gas refineries, which have a production capacity of 400 million cubic meters per day.
The Importance of Resilience in the Oil Industry
In this note, Hamid Bord referred to the multiple challenges that the oil and gas industry has faced in recent years. He emphasized that the resilience of this industry is vital not only against external threats but also against internal problems. According to Bord, this resilience means the industry's ability to continue operations and minimize damages in critical conditions.
Read more: Establishment of API well completion facilities in Saudi Arabia by Viking
Details of the Reconstruction of Assaluyeh Gas Refineries
The reconstruction of four Assaluyeh gas refineries, which have a daily production capacity of 400 million cubic meters, can help improve the country's gas supply situation. These refineries include refineries number one to four in Assaluyeh, which will undergo reconstruction due to wear and the need for modernization. Bord stated: "This action will not only help increase gas production capacity but can also lead to improved service quality and reduced environmental pollution."
He also noted that the reconstruction of these refineries will contribute to job creation and increased productivity in the country's oil and gas industry. Bord emphasized that the government will spare no effort in this regard and is seeking to attract the necessary investments for these projects.
Future Outlook for the Oil and Gas Industry
The head of the Ministry of Oil, referring to the planning that has been done, said: "The country's oil and gas industry needs innovation and investment in infrastructure to face future challenges." He stated that given the country's high capacities in this area, there should be a move towards creating new refineries and developing modern technologies to maintain our competitive edge in the global market.
In conclusion, Bord emphasized the necessity of cooperation between various governmental and private entities and said: "Only through collaboration and mutual understanding can we achieve the set goals in the energy sector and show greater resilience against upcoming challenges."
Read more: Announcement of a new formula for calculating oil feedstock and products by the Ministry of Oil · KEO Energy appointed a new CEO to oversee Petroardenata operations in Venezuela
