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Iran'.s oil production capacity has crossed 4 million barrels per day.

The administration has kept strong focus on developing joint oilfields.

• The show is being held with 4.000 exhibitors from across the globe running 1.800 pavilions.

The Persian Gulf Star refinery has the capacity to produce 12 million litres of Euro IV petrol.

The NIOC has increased exports to European customers to 700.000 barrels per day.

Increasing petrochemical production and exports is just part of our ambitious goals.

More than 100 foreign executives. traders and petrochemical producers are attending the 13th international Iran Petrochemical Forum .

In 2012. Iran discovered a new oil layer with in-place reserves of two billion barrels in Sardar-e-Jangal oil and gas field.