Oil minister ‘not worried about crises’ amid Israeli threats

Iranian Oil Minister Mohsen Paknejad said on Saturday that he was “not worried” amid the conflict in the region, the ministry’s Shana news website said, after reports that Israel may strike Iran.
“I am not worried about the crises that the enemies of the Revolution are creating, and this trip is considered a normal work trip,” Paknejad was quoted by Shana as saying.
Paknejad’s comments were made during a visit to Assaluyeh, a center for Iranian installations exploiting the world’s largest offshore gas field, which Iran shares with Qatar across the Persian Gulf.
“The gross domestic product, wealth generation, energy security of the residential, commercial and industrial sectors of the country are made by the oil industry employees, therefore the oil industry staff should be proud of themselves,” Paknejad stated.
The minister also held meetings with managers and contractors who work on projects in South Pars Gas Field.
South Pars Gas Field, also known in Qatar as North Dome covers an area of 9,700 square kilometers, 3,700 square kilometers of which belongs to Iran and has been divided into 24 standard development phases, most of which have been completed and are fully operational.
It is estimated that the Iranian section of the field, referred to as South Pars in short, contains 14 trillion cubic meters of gas and 18 billion barrels of condensates and with the completion of its onshore facilities, Iran only needs a few offshore installations in order to fully exploit its share.
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