The CEO of the National Iranian Oil Company stated that the strategic and national mission of this group is to jump oil and gas production, and said: the increase of 400,000 barrels of oil production is the most important mission assigned by the Minister of Oil.
The work of the new oil minister officially started last Thursday. Mohsen Paknejad must now, in addition to managing what he has received, also follow his plans; The programs that are at the top of them is solving the crisis of dissatisfaction.
Although at least five development programs of the country have explicitly recommended to increase the recovery rate of oil and gas wells, none of the governments that are required to implement these programs have taken effective measures in this regard.
Mohsen Paknejad, the proposed minister of oil in the Islamic Council, said: The Ministry of Oil, as an economic driver, provides a significant part of the country's income through exports.
Despite the fact that at least five development programs of the country have explicitly recommended to increase the recovery rate of oil and gas wells, but none of the governments that are required to implement these programs have taken effective measures in this regard.
Increasing oil production capacity is defined as one of the key plans of Mohsen Paknejad, the proposed minister of the Ministry of Petroleum.
Expectations from the proposed oil minister should be accompanied by a realistic look at solving major challenges such as disagreements and the need for large investments. Certainly, the success of the oil minister, who plays a key role in the economy, directly depends on the coordination and cooperation with other ministers, taking into account the economic and social conditions.
The hardworking personnel of the pipeline repair unit of Arundan Oil and Gas Company are working in the heat of over 50 degrees in Khuzestan.
While the forecast of OPEC and other reputable global institutions report a decrease in oil demand from China, Iran's oil sanctions are still in place. Forecasts indicate that if China's demand continues to decrease, oil purchases will also decrease, and this is a threat to Iran's oil revenues.
OPEC's latest monthly report showed that Iranian heavy oil prices rose in July, halting the decline seen in the previous two months.