Bank Of Baku

Rhum gas field to resume production after 4-year hiatus

Rhum gas field to resume production after 4-year hiatus
# 18 October 2014 21:27 (UTC +04:00)

Baku-APA. Production at the North Sea gas field was halted back in 2010 under the unilateral illegal sanctions imposed on Iran by the European Union (EU) and the US over the Islamic Republic's nuclear energy program, APA reports quoting Press TV.

 

The BP spokesman, who spoke on condition of anonymity, said on Friday that the British government has given the green light to the oil group to resume production at the field.

 

Production from the field, which contributed around 4-5 percent of Britain’s total gas output before its closure, is expected to begin this weekend.

 

The initial gas production from the field is expected to be held at 50 million cubic feet per day. Rhum’s maximum production capacity had initially been estimated at 300 million cubic feet each day.

 

Rhum, which was discovered at North Sea in 1977, is owned by BP and NIOC equally.

 

Last year, the British government said renewed production at Rhum is meant “to avoid potential environmental damage and “prevent the possible destruction of the value of the field.”

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THE OPERATION IS BEING PERFORMED