Oil Minister: 53 Million Cubic Meters Added to Crude Gas Production

The oil minister pointing out that in the last three years, 155 half-finished and new projects worth 34 billion dollars have been put into operation, he said: "At this time, the implementation of 50 new projects worth 47.5 billion dollars has also been launched."

Owji continued: "In the curent administration's tenure, in the country's oil and gas industry, more than 155 half-finished and new projects worth 34 billion dollars have been put into operation. These projects were mainly projects in the upstream sector, including the development of oil fields, gas, collecting flare gases as well as in the downstream sector in the field of oil and gas industry, which is defined as the field of oil refinery, gas refinery, oil product transmission lines and gas transmission lines."
Pointing out that 50 mega projects worth 47.5 billion dollars have been launched in the country in these three years, the oil minister stated: "Out of the total of 155 announced projects that have been put into operation in these three years, many of the projects were unfinished for 12 or 15 years, which with a value of 34 billion dollars, the success of 60% growth in the field of oil production materialized which led to production of 3,670,000 barrels of oil today."
Owji stated: "In the last three years, 53 million cubic meters were added to the country's crude gas production; Also, nearly 55 million cubic meters have been added to the country's gas refining capacity, including the opening of South Pars Phase 14 refinery, which is considered one of the largest gas refineries in the country."
Iran's oil Minister added: "The enemy has admitted that Iran's oil exports have increased compared to 2018, while the United States imposed more than 600 sanctions against Iran's oil industry in these years, but it could not stop our country's exports even for a single day."