The spokesperson for the National Security and Foreign Policy Commission of the Islamic Consultative Assembly referred to the presence of the Minister of Oil in this commission and said: "The Minister of Oil emphasized in this meeting that this ministry seeks to ensure that people face the least challenges in the energy sector."
Western media claims that sanctioned tankers are banned from entering Shandong, China, appear to be largely influenced by the country's economic developments and the decline in the activity of small refineries and major buyers of Iranian and Russian oil.
The Minister of Oil said: "We will announce solutions to prevent fuel smuggling and solve this problem in various areas of consumption in the near future."
The CEO of Arvandan Oil and Gas Company announced an increase in oil production by 2,000 barrels in the South Azadegan Joint Field.
According to the National Iranian Oil Company, the price of Iranian light oil in January 2025 for supply to the Asian market will be $1.35 higher than the base price (Oman/Dubai crude oil price).
Emphasizing the strategic position of the Kharg Oil Terminal, the CEO of the Iranian Oil Terminals Company introduced transformation and innovation as the company's main strategies, and considered special attention to human resources as the key to development and improving productivity.
The chairman of the National Development Fund's executive board said: "The Economic Council has passed a resolution to increase oil production by 250,000 barrels per day, which the Fund is participating in financing."
A tripartite memorandum of understanding for the implementation of the Note to Article 13 of the Economic Council's resolution for the plan to revive closed and low-yielding oil wells was signed between the Innovation and Prosperity Fund, the National Iranian Oil Company, and the Oil Industry Technology and Innovation Park.
The CEO of Arvandan Oil and Gas Company said: "This company makes optimal use of the technical and engineering capacities and capabilities of the National Iranian Drilling Company."
The Minister of Oil announced an increase in oil production capacity to about 250,000 barrels per day.
