Pars Oil and Gas Company
Pars Oil and Gas Company (POGC), a subsidiary of National Iranian Oil Company (NIOC), was established in 1998. POGC’s mandate is the development of the South Pars gas field and North Pars gas field respectively.Decisiveness of the Ministry of Petroleum to uphold and exploit the Islamic Republic of Iran rights in the South Pars gas field led onto the establishment of POGC.
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South Pars Gas Field
South Pars gas field is one of the largest independent gas reservoirs in the world lying on the territorial border between Iran and the State of Qatar in the Persian Gulf. It is one of the country's main energy resources. This gas field covers an area of 9700 square kilometers, of which 3700 square kilometers belongs to Iran. The Iranian portion is estimated to contain some 14 TCM of gas reserves and some 18 bn bl of gas condensates.
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