Negotiations of the specialized working groups of the 19th Iran-Russia Joint Commission began on the second day of the meeting in Tehran. In these intensive meetings, the final document (agreement) of the 19th Commission will be drafted.
The Iranian Oil Minister and the Russian Energy Minister met and discussed on the eve of the 19th Joint Commission on Economic Cooperation between the two countries in Tehran.
Announcing the start of the 19th Joint Commission for Iran-Russia Economic Cooperation in Tehran, the Director General for Europe, America and the Commonwealth of Independent States (CIS) of the Ministry of Oil stated: "Based on short-term and medium-term goals, the volume of trade between Iran and Russia will reach $20 billion per year."
The Russian secretary of the Iran-Russia Joint Economic Commission announced the possibility of exchanging more than 2,000 items of goods and services between the two countries, saying: "According to the latest statistics, the volume of trade between the two countries has reached 4.7 billion dollars."
In a resolution, parliamentarians set the amount of debt forgiveness for the National Oil Company to the Central Bank and commercial banks at 55 billion euros.
Within this framework, the southern oil-rich regions, by simultaneously focusing on maintaining production, developing fields, improving operational readiness, and increasing the resilience of facilities, were able to increase the average daily crude oil production by about 100,000 barrels in the operational scope of the Karun, Marun, Aghajari, Masjed Soliman, and Gachsaran oil and gas exploitation companies, while compensating for the natural decline in reservoirs; an increase that was the result of a series of field, technical, and managerial measures and highlights the decisive role of this company in the sustainable supply of energy to the country.
The executor of the Farzad Joint Field Development Project announced the successful loading of the first jacket of the Farzad "B" gas field development project and said: "This huge structure will soon be ready for transportation for installation in the waters of the Persian Gulf."
The CEO of the National Petrochemical Industries Company emphasized that optimizing fuel consumption in power plants, in addition to increasing productivity and reducing emissions, can improve the petrochemical industry's access to feedstock, and said: Petrochemical companies investing in this field will benefit from the benefits of this plan.
A memorandum of understanding to reduce fuel consumption intensity and increase productivity in power plants with investment from the petrochemical industry was signed between the National Petrochemical Industries Company and the specialized parent company for thermal power generation in the presence of the Deputy Minister of Oil.
The CEO of the National Iranian Drilling Company announced: The company's productivity this year has increased by 5 percent compared to the same period last year, reaching 77 percent, thanks to the collective efforts of its employees.
