National Iranian Oil Company’s crude oil production increases

According to Energy Press, in this meeting chaired by Acting President Mohammad Mokhbar, the President’s Office, Ministers of Oil, Country, Economy, Cooperation, Labor and Social Welfare, Agricultural Jihad, Power, Industry, Mining and Trade, President The program and budget organization and related officials were present, the general plan of presenting the report of the latest status of the 6 introduced plans for the use of 5.5 billion dollars of foreign financial facilities was reviewed and approved.

In the continuation of this meeting, the plan to increase the production of crude oil by the Iranian National Company and also the plan to reduce the consumption of petroleum products were reviewed, decided and approved, according to this plan, the country’s oil production will increase from 3.6 million barrels to 4 million barrels per day under the impact plan of production jump. The country’s crude oil will be implemented, and with the implementation of this plan, the amount of crude oil production in the country will increase by 400 thousand barrels per day.
In the plan to increase crude oil production by Iran National Company with an investment of 3 billion dollars only in 2024 and with an increase of 400 thousand barrels per day equivalent to 7 billion oil income for the country, this plan was emphasized in the meeting so that this huge oil investment with The priority of public participation should be implemented and finalized.