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Iran gains access to blocked gas properties

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A POGC official said the UAE and the Netherlands have released blocked Iranian gas properties and equipment.

Project Director of Phases 17 and 18 at Pars Oil and Gas Company (POGC) Hassan Boyeri referred to the restitution of some blocked Iranian gas equipment in Dubai and Netherlands adding “with the lifting of sanctions, some foreign companies, which had sold their equipment for the operation of Phases 17 and 18 through third-parties, have arrived in Assaluyeh to accomplish and implement their facilities.”
He noted that after the sanctions imposed upon the Islamic Republic intensified, some of the equipment purchased for petrochemical projects in Iran was seized, after which sellers refrained from delivering equipment to Tehran, MNA reported.
“Following the recently signed nuclear agreement, the companies started releasing the detained equipment,” he added, underlining that some of the recently released equipment is now in use in Iranian projects.
Regarding the freeing up of petrochemical industry equipment blocked by Siemens Company, Boyeri said the company has released a number of turbo compressors. He announced that representatives of Germany’s Siemens Company have travelled to the south of Iran to install the turbo compressors of Phases 17 and 18 in South Pars field; “the German company is also committed to provide warranty coverage as well as to supply spare parts in addition to implementation of some of the refinery’s equipment.”
“Furthermore, representatives of Japan’s Sumitomo Corporation, a producer of floating pumps, have arrived in Assaluyeh,” said the official stressing “also considering the visit of a Dutch company, a total of 80 deputies and experts of European and Asian companies have entered Iran over the previous ten days in order to deliver and run refinery facilities of South Pars field.”
Boyeri also noted that the barriers against the exports of gas condensate produced for Phases of South Pars have been removed adding “more than one million barrels of gas condensate have been produced at Phases 17 and 18 which will be soon deployed to South Korea.”
“The project of Phases 17 and 18 are currently 92 per cent through and the whole units will become operational by March or April,” he concluded.

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