Iran\'s gas production will rise by 150 million cubic meters per day this year after launching the South Pars gas field phases 12, 15 and 16, head of the National Iranian Oil Company (NIOC) Ahmad Qalebani said.Qalebani said production of oil and gas from shared fields was one of the main priorities of the company over the current year.He added that by launching the three mentioned phases of South Pars not only total gas production would climb considerably but also production of other by-products will rise for consumption either domestically or for exports.The other issue in NIOC\'s agenda is enhancing recovery rate, Qalebani said adding the company plans to revise in its strategic plans along with changes in domestic and international situations.According to the NIOC top executive, the company plans to raise productivity by focusing on using knowledge-based patterns in order to lower the spending especially when drilling may raise the costs.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrel

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor