Iran raises oil production in the fields shared with Iraq

Category: Economy

Date: 2020-09-15T07:53:37+0000
Iran raises oil production in the fields shared with Iraq

Shafaq News / Iranian Oil Minister, Bijan Zangana announced on Tuesday that crude oil production from the fields shared with Iraq has increased to 400,000 barrels per day.

Zangana said in Islamic Shoura Council today that the production of West Karoun" oil fields in southwestern Iran has reached 400 thousand barrels per day, up from 70 thousand barrels per day over the past seven years, and that we are not late in production with the neighbors.”(The fields are joint with Iraq).

He indicated that petrochemical production amounted to 56 million tons annually until the year 2013, and it is intended to raise it to 133 million tons until 2026.

It’s noteworthy that West Karoun oilfields, which Iran shares with Iraq at the western part of Iran’s southwestern region of Karoun, include five major fields namely North Azadegan, South Azadegan, North Yaran, South Yaran, and Yadavaran.


related

Energy transition a political risk nightmare for least competitive oil producers, Company

Date: 2021-03-25 06:40:10
Energy transition a political risk nightmare for least competitive oil producers, Company

Iraq to raise its production capacity to 280,000 barrels/day

Date: 2020-09-06 12:31:01
Iraq to raise its production capacity to 280,000 barrels/day

Iraq’ oil exports to the United States decline in the third week of April

Date: 2021-04-24 06:45:55
Iraq’ oil exports to the United States decline in the third week of April

Iraq imported 33561 tons of goods from Iran during the current year

Date: 2020-09-26 10:47:43
Iraq imported 33561 tons of goods from Iran during the current year

Iraq to reduce 400,000 barrel from its oil production

Date: 2020-08-06 15:41:05
Iraq to reduce 400,000 barrel from its oil production

Iraq receives 22% of Iranian non-oil exports

Date: 2020-08-02 16:48:54
Iraq receives 22% of Iranian non-oil exports

Iran to Sign Deals With Local Firms to Study Azadegan Oil Field

Date: 2021-05-30 18:09:52
Iran to Sign Deals With Local Firms to Study Azadegan Oil Field

Iraq’ oil exports to the United States decrease

Date: 2021-05-29 07:27:44
Iraq’ oil exports to the United States decrease