Iran preparing to stop flaring over 6.80 mcm/d of gas

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    Currently, Iran suffers from above 30 mcm/d of flaring, especially at platforms, the source added.

    The Amak Plan’s first phase, with $1.530 billion of investment, has decreased the flaring by 6.8 mcm/d since 2000.

    Iran, the third biggest flarer after Russia (96 mcm/d) and Algeria (41 mcm/d), has invested $300 million in the second phase of the Amak Plan.

    Since 2013, Iran offers tens of oil fields to local and domestic companies to collect the associated gas and convert it to power or CNG, but there is no result yet.

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