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500,000 barrels of oil to be added to national oil production capacity

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On December 22, 2015, Posted by , In News, With No Comments

Karoon Oil & Gas Production Co. (KOGPC) Managing Director, Mohsen Dehanzadeh, said on Saturday that within less than one day, 500,000 barrels of oil will be added to the country’s daily oil production capacity.

Dehanzadeh told reporters that increase in the output will follow successful operations to raise production of oil from southern oil rich regions.
‘Conditions are prepared for 500,000 bpd increase in Iran’s oil output in the post-sanctions era,’ said Dehanzadeh.
He said in the past months and after successful completion of fundamental repair projects, almost 64,000 barrels of oil were added to oil production capacity of the regions.

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