Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by admin | Thu, 2009-09-24 13:23
selected project
CNPC to Develop North Azadegan Oilfield
description
CNPC signed a $2 billion deal with the NIOC in January to develop the north Azadegan oilfield. Under phase 1, capacity will reach 75,000 barrels per a day. The contract lasts for 12 years. The second phase should double production to 150,000 bpd.
- Country: China
- Contractor: China National Petroleum Corporation
- Amount (Current Dollar Value): $1.76 billion
Status
- Current Status:
- Discussion Date:
- Contract Date: Fri, 2009-01-16
- Completion Date:
Citation
1. "Iran's Major Oil Customers, Energy Partners", Reuters, August 16, 2009, Available at http://www.reuters.com/article/GCA-Iran/idUSTRE57H1UJ20090818.
2. Xiao Wan, "CNPC to Develop Azadegan Oilfield", China Daily, January 16, 2009, Available at http://www.chinadaily.com.cn/bizchina/2009-01/16/content_7403699.htm.
All projects by China National Petroleum Corporation
| Country | Contractor | Project Name | Amount (Current Dollar Value) |
Last Action |
Status | ||
|---|---|---|---|---|---|---|---|
| China National Petroleum Corporation | CNPC to Develop North Azadegan Oilfield | $2 billion |
01/16/09 |
Contracted | |||
| China National Petroleum Corporation | CNPC - NIOC South Azadegan Field Development | $2.5 billion |
09/28/09 |
In Progress | |||
| China National Petroleum Corporation | Sinopec, CNPC, Crude Oil Imports | ---- |
11/11/09 |
---- | |||
| China National Petroleum Corporation | CNPC Upstream Activities - Kuhdasht Block | $18 million |
12/31/09 |
---- | |||
| China National Petroleum Corporation | NIOC - CNPC, South Pars Phase 11 | $4.7 billion |
02/10/10 |
---- |