Oil output increases to 2.9m bpd

Oil output increases to 2.9m bpd
Oil output reached 2.9 million barrels per day from 2.7 million bpd and export of gas condensates reached 1,350,000 bpd from 1,200,000 bpd.

According to the information secretariat on function of the government of Hope and Prudence in gas sector in Iranian year of 1393, in addition to Phase 12 of South Pars, which was operating at the refining capacity around 75 million cubic meters a day, the other phases of 15, 16 and 17 were brought to operation to refine around 120 million cubic meters a day.
Refining and supplying natural gas increased around 12 percent in year 1393 compared with the preceding year. 
It said until mid-1396 around 2.5 million new families will be added to gas consumption network, so almost 95 percent of country's total population will be supplied by the national gas network.
Petrochemicals production in year 1393 was 44.5 million tons, from which 15.9 million tons were exported abroad and 16.7 million tons were sold to domestic market.
The figure indicates 9.6 percent increase in petrochemical products in year 1393 in comparison with preceding year.

Aug 23, 2015 09:59
IRNA |

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.