Tag Archives: Production

Iran will increase its oil exports from the current 450.000 barrels per day to 600.000 barrels per day.

The Ministry of Petroleum should increase the country’s strategic reserves of oil and natural gas .

Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.

SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.

The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.

Iran can draw on Pertamina'.s experience in this field.

Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.

Investors raised their bets on rising Brent crude oil prices to a new high last week.

Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.

The giant South Azadegan oilfield that is shared with Iraq. will be the first field to be tendered.