The agreement was signed between the National Iranian Oil Company
(NIOC) and a consortium comprising Petropars, Khatam al-Anbiya Construction
Headquarters, Oil Industries’ Engineering and Construction (OIEC), and MAPNA
Group.
The pressure-boosting project aims to counteract declining pressure,
maintain maximum gas production, reduce imbalances in gas and gasoline supply,
and prevent gas migration to Qatar, which shares the field with Iran.
Under the project, South Pars will be divided into seven
pressure-boosting hubs, with each hub requiring approximately 60,000 tons of
structures. In total, 420,000 tons of infrastructure will be built, with 70% of
the required materials sourced domestically.
Beyond securing Iran's energy future, the initiative is expected to
create 17,000 direct jobs and 50,000 indirect jobs.
With this contract, Iran's oil and gas sector enters a new phase of
sustainable development, ensuring long-term gas supply and economic stability.