News ID: 966
Date: Thursday 9 May 2024 - 22:14

70% increase in oil production in Iran

70% increase in oil production in Iran
The managing director of the National Oil Company stated that 70% of production growth was entirely exported and said: "In the past, we did not produce because we could not sell."

According to Energy Press, Mohsen Khojste Mehr announced at the side meeting of the 28th International Oil, Gas, Petrochemical and Refining Exhibition that 2.5 billion barrels were the equivalent of our newly discovered crude oil and stated: 8 oil and gas tanks It has been discovered and we have a valuable discovery, the details of which will be announced soon by the oil minister.
Stating that oil production has increased by 70% in the last 2.5 years, he said: Refineries also received 50,000 more barrels of feed and there has been no interruption in receiving feed.
The managing director of the National Oil Company stated that 70% of production growth was entirely exported and said: “In the past, we did not produce because we could not sell.”

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