• The CEO of the National Iranian Oil Company (#NIOC) said that the development of #Azadegan field would be complete by mid-۲۰۲۳, adding: «With the completion of the development project of this field, #crude_oil production will reach ۳۲۰,۰۰۰ barrels per day from the field.»

  • Iranian Minister of Petroleum Javad Owji said: «In the coming months, more success will be achieved in the export of crude oil and gas condensate.»
    #Javad_Owji #crude_oil #gas_condensate #export #Iran

  • Iran has reached a daily gas production capacity of one billion cubic meters and currently its daily production is ۹۰۰ mcm, which is equivalent to about ۶ million barrels of #crude_oil per day.

  • The contract to complete the development of South Azadegan field was signed with the aim of increasing the daily production capacity of the field to ۳۲۰,۰۰۰ barrels of #crude_oil in ۳۰ months and within the contract amount worth $۹۶۱ million and IRR ۱,۱۸۳ billion.

  • #Zangeneh commented on Saudi #Aramco’s IPO and its impact on global #crude_oil markets.
    The market will continue as it is and crude oil is likely to continue trading at around $۶۰ a barrel.
    Despite all the efforts, the price of oil does not seem to exceed the $۶۰/b level.