EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said on Sunday the country's oil output has increased by 165,000 barrels per day in the last 10 months compared with the corresponding period of last year.
EghtesadOnline: Growth in Iran, the second largest economy in the Middle East and North Africa region, is expected to reach 4.3% by 2020, with higher investment growth offset by lower oil production and limited access to finance, reads the World Bank’s latest “Global Economic Prospects” report.
EghtesadOnline: Iranian deputy minister of Petroleum for Trade and International Affairs Amir Hossein Zamaninia announced that Iran intends to ramp up gas production by 202, Anadolu Agency reported.
EghtesadOnline: Crude oil production will reach more than 4 million barrels per day and natural gas output is slated to exceed 1 billion cubic meters a day in the present fiscal that ends in March 2018.
EghtesadOnline: In the second quarter of the current Iranian year 1395 (June 21-September 21, 2016), Iran’s crude oil production continued its upward trend of the past two years and in 7/1395 (10/2016).