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News ID: 7180
Iran » Iran
Publish Date: 20:24 - 10 January 2017
An Iranian oil official said that the country is producing nearly 4 million oil barrels daily.
Iran oil output nears 4 million barrels daily, says official"Iran has produced 3.9 to 4 million oil barrels daily,” said Deputy Managing Director of National Iranian Oil Company (NIOC) Gholamreza Manouchehri on the sidelines of the 13th International Petro Energy Exhibition (Kish Enex 2017) in southern Iranian Kish Island.

He also referred to an MoU between Iran and Japanese Inpex Corporation on some oil fields in Iran, including Azadegan Oil Field, and said, "Japan has presented initial results of its study and would present the second phase of studies in next 3 weeks and it will be the final phase of the MoU.”

He noted that Iran has signed MoU with 5 international companies on Azadegan Oil Field and the companies would take part in the tender as consortium.

"We should see how they are integrated,” Manouchehri said.

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