Tehran delays tender for Lavan gas project

14 January 2008
Iranian Offshore Oil Company (IOOC) has delayed the deadline for companies to submit pre-qualifying documents for the giant Lavan gas field project by a month.

The field is thought to have more than 6 trillion cubic feet (tcf) of recoverable gas resources. IOOC now expects to receive documents by the middle of February from firms.

Iran discovered the field, which lies under Lavan Island in the Persian Gulf, in 2003.

IOOC says the first phase of the project involves the drilling of seven wells and the production of 300 million cubic feet a day (cf/d) of gas (MEED 6:12:07). Condensed fluid will then be transmitted to production facilities in Lavan Island.

The second phase consists of the drilling of six wells and the construction of upstream and downstream installations, based on the production of 1 billion cf/d of gas.

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