Young Journalists Club | Latest news of Iran and world

News ID: 4209
Iran » Iran
Publish Date: 13:06 - 20 May 2014
Tehran, YJC. Jabbari says Iran will increase its crude oil production if oversees demand increases.

Director of the Oil Ministry’s Office of Coordination and Production Monitoring of Oil and Gas said that the amount of crude oil to be produced is a function of the general policies outlines by the Oil Ministry board of directors.

Amir Masoud Jabbari Rad stated "Having in mind the efforts that have been made, there is the readiness to increase crude oil production. We are only waiting for the international atmosphere to open in which case there will be no problem in realizing the national oil company’s production plans.”

Asked if the minister’s word about increasing production by 700 barrels will be realized he said "First we will have to think of increasing the demand for production. There was this opportunity, by the way. It was only let down for a while for some reason.”

Also providing comments on the country’s gas production he expressed optimism that before the winter Iran will increase its gas production by 100 million m3.

"In the last one year much has been done to expand the 5 developing phases of the South Pars gas field. We have told the contractors to provide us that amount of gas and they have told us they will,” Jabbari Rad asserted.

 

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