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67 new oil and gas projects worth some $15 billion should be operational in Iran by next March, the country’s first vice president, Mohammad Mokhber, has said. Last year, Iran completed $12 billion worth of started but unfinished projects in the oil and gas field, Iran Front News reported. Iran is currently producing some 3.18 million barrels of oil daily but wants to boost this to 3.3 million bpd by the end of the month. By the end of September, oil output could reach 3.5 million bpd, according to the head of the National Iranian Oil Company.

Iran To Bring 67 New Oil And Gas Projects Online By March

67 new oil and gas projects worth some $15 billion should be operational in Iran by next March, the country’s first vice president, Mohammad Mokhber, has said. Last year, Iran completed $12 billion worth of started but unfinished projects in the oil and gas field, Iran Front News reported. Iran is currently producing some 3.18 million barrels of oil daily but wants to boost this to 3.3 million bpd by the end of the month. By the end of September, oil output could reach 3.5 million bpd, according to the head of the National Iranian Oil Company.

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