Tag Archives: Bushehr

Iran'.s annual petrochemical production capacity is around 65 million tons.

Each of the phases are currently producing 46 million cubic meters of natural gas.

Thermal power plants are the pillar of Iran'.s energy mix.

The president said the nuclear deal has allowed Iran to commercialize its nuclear industry and engage in nuclear trade with other countries.

Revenues from oil sales are national wealth and belong to future generations.

Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.

A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.

NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.

The five phases of the giant South Pars gas field (17. 18. 19. 20 and 21) will boost Iran’s daily gas output by 150 million cu m.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.