TEHRAN- Iran’s oil output stood at 3.79 million barrels per day (bpd) in March, with 29,000 bpd drop from 3.819 million bpd in February, the Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report released on April 12.
TEHRAN- Oil extraction from Azar oilfield will reach 30,000 barrels per day (bpd) in spring 2017, which corresponds to the first quarter of the current Iranian calendar year (March 21-June 21), ISNA reported.
TEHRAN- Iran started pumping oil from the oil layer of South Pars gas field (in the Persian Gulf), on Sunday, Gholam-Reza Manouchehri, the deputy managing director of National Iranian Oil Company (NIOC) for engineering and development affairs, announced.
TEHRAN- Oil production in Iran will reach four million barrels per day (bpd) by the end of the upcoming Iranian calendar year’s first month of Farvardin (March 20), National Iranian Oil Company (NIOC) Managing Director Ali Kardor announced in an interview with Seda weekly.
TEHRAN- Oil production in Iran will reach four million barrels per day (bpd) by the beginning of the next Iranian calendar year (March 21) National Iranian Oil Company Managing Director Ali Kardor said on Saturday.
Iranian Oil Minister Bijan Namdar Zanganeh said he’s optimistic that OPEC members will agree to proposed production cuts at a meeting in Vienna later this month.