Tag Archives: Bijan Namdar Zangeneh

The optimal production means a production with the maximum recovery rate. that can boost the country'.s economic. security and political power.

All the talks are being run smoothly and none of the cases of negotiations is obstructing the others.

In the meantime. other foreign companies are welcome to discuss their interest in the gas field.

Iran'.s petrochemical plants produced 18 million tons of products in the first 4 months of the current Iranian calendar year.

Iraq is the closest market to Khuzestan and the Iranian province has so far played a major role in exporting of gas to Iraq.

The average rate of recovery from Iranian oilfields is expected to reach 40% from around 25%.

Zanganeh is specifically credited at home for what many see as his success in increasing Iran’s oil and gas production capacity.

Oil Minister Bijan Zanganeh has been credited with the boost in Iran'.s crude output since many global sanctions were lifted last year.

His latest efforts to woo investors bore fruit when Total signed a contract on July 3. to develop South Pars.

Iran produces around 880 million cubic meters of gas a day. two-thirds of which come from South Pars.