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Shafei: oil, gas sector to have 9.4 pc share in 8 pc economic growth in 6th 5-year plan

Home »  News »  Shafei: oil, gas sector to have 9.4 pc share in 8 pc economic growth in 6th 5-year plan

On November 28, 2015, Posted by , In News, With 1 Comment

Deputy Head of the Management and Planning Organization Gholam-Reza Shafeie said on Saturday that sixth Five-Year Economic Development Plan envisaged eight percent economic growth which included 9.4 perccent growth for oil and gas.

Shafei told the International Seminar to Introduce the New Model of Iran Petroleum Ccontracts that in the past for each 0.81 percent of barrel of oil, one million rials worth goods were produced in fixed prices, but, unfortunately, it has reached 0.91 percent barrel of oil over recent years.
Shafei said for the time being, 9.3 percent of the world oil reserves and 18.2 percent gas reserves are in Iran and the sector is the driving force for the world markets.

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