It was reported that National Iranian South Oil Company (NISOC) signed USD 1.2 billion total value of two agreements the Persian Gulf Petrochemical Industries Company (PGPIC) and Maroon Petrochemical Company for gathering associated gas from fields in East Karoon area. The deals were signed in Asaluyeh, southern Iran, on 4 September 2018 and the signing ceremony was attended by the Iranian President Hassan Rouhani and Minister of Petroleum Bijan Zanganeh.   It would involve 32 projects related to the improvement in associated gas gathering facilities in the NISOC operated fields in the area and it could also prevent flaring of around 780 MMcfg/d.   It was reported that once the projects become operational, 510 MMfg/d will be supplied to Bidboland II Petrochemical Plant and 250 MMcfg/d to Maroon Petrochemical Plant. This would also contribute in increasing the condensates production by around 38,000 barrels per day which will be supplied as a feedstock.to the Bandar Imam Petrochemical Plant.
 Iran National Iranian South Oil Co (NISOC) signed agreement with PGPIC and Maroon for gathering associated gas in East Karoon area 