A 10-percent share of the country’s diesel sales income. around $7.5 billion. will be earmarked for the railways sector

Diesel and mazut can be transported to power plants in the north by rail. tanker trucks or pipelines.

Production of petrochemicals and polymers is expected to surpass the 50-million-ton mark by March.

Around 17 billion cubic meters of gas is burned off in Iran annually which translates into a $4-6 billion loss for the treasury.

Transferring Iranian gas to Iraq is another subject which will be covered in the upcoming visit.

Over 141 million barrels of gas condensate were also produced which is 16 percent more than last year’s nine-month figure.

The country’s heavy oil price was reported $38.96 on average since the beginning of 2016 until December 23.

Implementation of research project to identify gas shales has begun in Lorestan province and the Zagros basin.

NIGC has ensured it gas supplied will not be disrupted for the household sector of the country.

Iran has plans to bring its oil recovery rate to an average of 40% in a 30-year period.