NIOC office opens in Santa Cruz, Bolivia

25 November 2009
Santa Cruz – A branch office of the National Iranian Oil Company (NIOC) opened in Santa Cruz, Bolivia on Tuesday to follow up and implement joint Iran-Bolivia energy projects, announced an Iranian oil official. Director of the NIOC cooperation and monitoring office Bahman Soroushi told IRNA here that NIOC seeks opening of similar offices within a plan to expand its international activities.

He said the NIOC office in Bolivia will be active in mutually interesting oil, gas and petrochemical projects and will serve as the coordinator center for NIOC activities in some other Latin American countries.

Soroushi added that for the time being the Bolivian office is to follow up projects agreed between the two countries including exploration and development operations in five oil fields in southern Bolivia.

He also referred to certain other agreements on education of personnel in the Bolivian oil, gas and petrochemical production sectors, Iran’s contribution to repair work and uplifting output capacity of Santa Cruz Refinery and also studies on construction of another refinery in this city with a crude oil feedstock of 30,000 barrels a day.

On future plans of the office, Soroushi pointed to the feasibility studies of a petrochemical unit for producing amonia and urea at a rate of one million tons per year in Bolivia and also exporting technical services in the oil and gas fields.

The NIOC office in the southern city of Santa Cruz in Bolivia was inaugurated on Tuesday during a video conference attended by the Iranian and Bolivian presidents.

Source: Zawya

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