IRAN TO 5.7 MB

"In five years' time (by the year 2018), Iran crude oil and gas production capacities will rise to 5.7 Mln bpd and 1,000 mcm/d."

Stating the above at energy commission of the parliament, Iran oil minister Bijan Zanganeh said: "In respect to expenses and consumption, gasoline imports will benefit the country and the import should be in line with the needs of the country," reported the news agency of Iran oil ministry.

According to Zanganeh, favorable measures have been taken at petrochemicals, refineries and gasoline production plants of Iran to meet global standards.

IRANOILGAS.COM