Tag Archives: Iranian Ministry of Petroleum

Azadegan'.s in-place oil is estimated at 33.2 billion barrels.

Iran is among few countries who enjoy access to feedstock. international markets as well as proximity to water resources.

The deal is part of effort to raise installed petrochemical production capacity to 130 million tons annually by 2020.

Iran aims to raise natural gas production to 1.1 billion cubic meters per day in the present fiscal year.

Oil shipments from Iran reached a daily average of 2.6 million barrels in fiscal 2016-17.

ADS is to bring Iran'.s petroleum sector up to speed with advanced well control and drilling techniques.

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

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

During the second half of 2016. BP Iran Limited leased and refurbished an office in Tehran.

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