Tag Archives: ISNA News Agency

The majority of members support the extension of the plan. but the final decision should be taken at the next OPEC meeting.

Work on transporting and installing the offshore structures of Phase 13 is underway.

According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.

Iran'.s gas production capacity has reached 885 million cubic meters per day.

Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.

Total. Gazprom. Schlumberger. Pertamina and Petronas are among the oil majors studying Iran'.s hydrocarbon reservoirs.

At least 30% of Iran'.s water and wastewater infrastructure require repairs.

The terminal could ease the load of tanker traffic at Kharg Oil Terminal off the Persian Gulf coast that is responsible for more than 90% of Iranian oil exports.

Tehran is looking to increase its crude output. and with 37 billion barrels of oil. the Azadegan field is Iran’s largest. shared with neighboring Iraq.

Officials and experts have warned about the adverse impact of the plan on groundwater resources and aquifers.