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.
Despite the increase in oil exports to 2 million barrels per day, some experts believe that the reduction of sanctions pressure from the United States for two reasons, negotiations on the nuclear program and preventing the increase in gasoline prices in the United States are influential in this process.
In the General Economic Council meeting, the plan to present a report on the latest status of the plans introduced for the use of foreign financial facilities, as well as the plan to increase crude oil production by the National Iranian Oil Company, was reviewed and approved.
مدیر اکتشاف شرکت ملی نفت گفت: در دولت سیزدهم در حال ساخت تجهیزی هستیم که با اسکن می توان متوجه شد تا در کدام مناطق نفت وجود دارد به این ترتیب عملیات اکتشاف آسان می شود.
An international economic expert said: Recently, the US Congress and the Senate passed a resolution and put pressure on China not to buy oil from Iran or to import less. But the issue is that America cannot fight on several fronts.