TEHRAN (Shana) -- Aghajari Oil and Gas Production Company (AOGPC) operated at 106.2 percent of its planned production in the first 11 months of the current calendar year, which began on March 21.
According to National Iranian South Oil Company (NISOC), Ebrahim Piramoun, the AOGPC CEO, said the company’s output was beyond expectations during the period, adding HSE and CSR activities of the company were also satisfactory in the 11 months.
AOGPC is a subsidiary of the NISOC.
NISOC accounts for over 80 percent of Iran’s petroleum output.
Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.