Azernews.Az

Monday, November 2, 2026

Iran to start production at two oilfields this week

26 February 2013 11:05 (UTC+04:00)
Iran to start production at two oilfields this week

Iran will officially inaugurate Sarvestan and Saadatabad oilfields which are located in the central parts of the country by Friday with a target to produce 15,000 barrels of oil per day, Shana news agency reported.

The daily output is valued of $1.5 million dollars. The project creates 1,500 job opportunities.

The two fields hold around 1.242 billion barrels of in-situ crude oil, ISNA news agency quoted Mehdi Fakour, managing director of National Iranian Central Oilfields Company as saying early February.

Managing director of National Iranian Oil Company Ahmad Qalebani said that the country's daily oil and gas outputs should amount five million barrels and 1.47 billion cubic meters respectively by 2015.

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more