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2017-08-29 18:05:00

IRANIAN OIL EXPORT: 2.6 MBD

IRANIAN OIL EXPORT: 2.6 MBD

IRNAIran has exported an average of more than 2.6 million barrels of oil and gas condensate per day last month (July 23- Aug 22), Minister of Petroleum Bijan Zangeneeh said.

Emphasizing the necessity of observing a production based on maximum efficient recovery, Zangeneh said, the country 'is currently producing over 3.8 million barrels of oil per day but the current amount of production is by no means proportionate to the country's reserves.'

'The optimal production means a production with the maximum recovery rate, that can boost the country's economic, security and political power,' he added.

In Iran's sixth development plan, the oil production capacity is aimed at 4.8m bpd which indicates the capacity of production but the real level of production at the end of the plan will be determined by the quota fixed by the Organization of the Petroleum Exporting Countries (OPEC) as well as other factors that may lower the production level, Zangeneh said.

He added that the current level of Iran oil production is nearly the same as that of the pre-sanction era.

The cut in oil production in some fields, has been balanced, said the minister adding, in one of the oil fields, Karoon-e Gharb (Western Karoon), the production has increased to 280,000 bpd from its previous 70,000 figure.

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Earlier:

 

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2017-05-12
 

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IRAN'S OIL EXPORT 2.6 MBPD

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2017-04-14

 

 

Tags: IRAN, OIL, EXPORT, ИРАН, НЕФТЬ, ЭКСПОРТ

Chronicle:

IRANIAN OIL EXPORT: 2.6 MBD
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

IRANIAN OIL EXPORT: 2.6 MBD
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

IRANIAN OIL EXPORT: 2.6 MBD
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

IRANIAN OIL EXPORT: 2.6 MBD
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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