The oil minister announced the opening and operation of South Pars Alpha platform 13 and the start of the second phase of Yadavaran joint oil field operations.
The executive operation of drilling 24 wells of the plan to increase the production of Yadavaran joint oil field has started.
The CEO of Iran's continental shelf oil company said: The overhaul operation of the Salman platform, as the largest oil platform in the Persian Gulf, was successfully completed in the shortest possible time, and this common oil field returned to production.
Iran's oil export to China broke its seven-month record in May. During this month, Beijing has bought 1.540 thousand barrels of crude oil daily from Tehran.
The CEO of the National Oil Company said: "The contract for the Chengoleh oil field with an on-site reserve volume of 3.2 billion barrels of oil and the goal of daily production of 60 thousand barrels of oil will be signed soon."
African countries are seeking to increase their refining capacity and ability to reduce their dependence on the import of oil derivatives, and this is a good opportunity for Iran's cooperation and influence in this continent in the form of construction, reconstruction and development of refineries.
While the South Azadegan field was supposed to produce about 320,000 barrels in early 2023, but the lack of work of the Ministry of Oil of about 5 billion dollars, the lack of profit has been imposed on the Islamic Republic of Iran. About $169 per second!
As working conditions in Iran's oil industry become more difficult and there are many restrictions, including sanctions, Iranian companies are entering the Iraqi oil market.
Referring to the increase in OPEC oil production to 26.63 million barrels per day last month, Reuters announced that Iran's oil production has reached the highest level in the last 5 years.
Regarding fuel rate reform, Manzoor said: The government has tried to increase the resources from oil exports through energy saving measures.