Speaking to Shana reporter, Mapna Group’s managing director Abbas Aliabadi said pre-MDP studies of the field that its gas will be used for generating electricity and exporting to the neighboring countries, have been completed by Tehran LNG company, a subsidiary of the group.

Mapna Group was studying master development plan of the field, he said adding several tests should be done including three dimensional seismic surveys, mapping the field and drilling appraisal wells.

He noted that all related documents of the Forouz B gas field had been prepared adding development plan of the field includes two packages and the contract of the first package would be signed with NIOOC this week. 

‘Holding auction on three dimensional seismic surveys and drilling descriptive wells plus doing financial and technical assessment for buying jack-up, early studies on renting and purchasing a yard in Kish Island in a bid to support maritime operations are among the other steps have been taken in this regard’, the official said.  

Aliabadi said that development of the field needs six billion dollars investment, of which two third would be provided by Mapna Groug and the remaining part through ministry of petroleum’s loans.

Mapna Group’s managing director said that by building power plants in the first and second phases of the gas field six thousand megawatts of electricity would be produced that could be exported to neighboring countries including Iraq, Turkey and Pakistan, Oman and UAE.

‘In addition to this project, Mapna Group is prepared to carry out similar projects in other gas fields of the country, especially shared fields, in a bid to produce electricity’, the official said.