Publishe Date: 11:43 AM - 5/6/2017 | Print

Zangeneh: Iran among gas oil exporters

Economy - Minister of Petroleum Bijan Zangeneh said here on Saturday that during the years of President Rouhani's government Iran has turned into an exporter of gas oil.

Zanganeh made the remarks on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition which opened in Tehran on Saturday.

He added Iran would ink $80 billion worth of oil contracts within the next two years of which $50 billion is spent on financing domestic businesses.

As per Iran’s Sixth Development Plan (beginning March 21, 2017), some $40 billion should be invested in the country’s petrochemical sector, said Zangeneh.

During the past three years, he added, the country has managed to double the capacity of natural gas production in South Pars joint field from 285mcm to 575 mcm.

Over 2,500 Iranian and 1,500 foreign companies from 37 countries are participating in the event.

The exhibition runs until May 9.
 

Send comments
Send to a friend
Name (Optional)
Email (Optional)
Show
Website/Weblog (Optional)
Your Comments     0/700
I approve the publication, to be informed
New comments to this news, sent to my email
KhabarOnline comments that contain insults, it does not publish
Please enter the phrase in the box
= 6 + 3
Send
188362
Your name
Your e-mail
E-mail a friend
Description
Please enter the phrase in the box:
= 6 + 3
Send News
Last News
More...