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Sunday, July 25, 2021

Qatar and Iran work together on largest joint oil field

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Qatar and Iran have both begun drilling in the largest joint oil field in the Gulf, according to Musa Souri, General Manager of the Pars Oil and Gas Company, quoted in Albawaba today.

He says:

“The excavations of oil wells in the South Pars Oil Field will bear fruit soon; two oil drilling rigs have begun working there and one of them in the joint fields; drillings of these fields have surpassed the depth of 1,500 meters inside the earth; in the meantime, the design, manufacturing and installation of marine constructions in the oil field have started too.”

The news site says that Iran is extracting only 35,000 barrels a day from the South Pars Oil Field, compared to Qatar’s 450,000 barrels a day.

This joint endeavour follows news that the USA is building a secret missile defence system in Qatar to help them prepare for a possible conflict with Iran.

It’s a sign that Qatar’s relationship with one of its nearest neighbours is still a close one, despite its friendship with the US.

Thoughts? 

Credit: Photo by Bug in Box

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