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An Iranian legislator here on July 18 said that Iran’s crude oil production capacity will increase by 1 million barrels per day before the end of the Fifth Development Plan (FDP).
Iran's Ministry of Oil official website SHANA quoted Iranian parliament overseeing the FDP committee member Hassan Wanay as saying that Iran’s oil ministry should gradually increase Iran’s daily crude oil production capacity to 5.1 million according to the relevant resolution approved by Iran’s parliament. barrel.
Waani added that Iran should increase its oil production capacity by 1 million barrels per day before the end of the fifth development plan in 2015.
Wanet also said that according to the new terms of the committee, the daily production of natural gas and condensate should reach 1.1 billion cubic meters before the end of the FDP.
Iran has the second largest natural gas reserves in the world, second only to Russia. In addition, Iran also has the world's third largest oil reserves.
Iran's Ministry of Oil official website SHANA quoted Iranian parliament overseeing the FDP committee member Hassan Wanay as saying that Iran’s oil ministry should gradually increase Iran’s daily crude oil production capacity to 5.1 million according to the relevant resolution approved by Iran’s parliament. barrel.
Waani added that Iran should increase its oil production capacity by 1 million barrels per day before the end of the fifth development plan in 2015.
Wanet also said that according to the new terms of the committee, the daily production of natural gas and condensate should reach 1.1 billion cubic meters before the end of the FDP.
Iran has the second largest natural gas reserves in the world, second only to Russia. In addition, Iran also has the world's third largest oil reserves.
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