News ID: 89623
Publish Date : 26 April 2021 - 20:39
TEHRAN (Dispatches) -- The CEO of the National Iranian South Oil Company (NISOC) Ahmad Muhammadi has announced the company’s readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.
According to NISOC, Muhammadi said: "Given the realization of the planned programs over the last two years and the creation of production capacity, which was done with the efforts of employees and technical and operational specialists in the company’s headquarters and subordinates, NISOC is prepared to bring its output to the pre-sanctions levels.”
He said that NISOC, with a daily production capacity of more than 3 million barrels of crude oil, is able to supply 80% of the country’s oil output, adding the production enhancement plans of NISOC have been conveyed to its subordinates, namely Maroon, Aghajari, Gachsaran and Masjed-e-Soliman production companies, and as soon as the sanctions are lifted and the ground for increasing oil exports is paved, production will increase.
 Iran Petrochemical Output Rises 7% in March- February

The director of production control at the National Petrochemical Company Seyed Jalal Mirhashemi aannounced a 7-percent increase in the production of various petrochemical products in the first month of the current Iranian calendar year which began on March 21.
Mirhashemi said, "Petrochemical complexes registered an acceptable performance in the month of March and February this year, and due to the stable feedstock supply, production of various petrochemical products continues with a favorable growth.”
The total production of petrochemical complexes in the month was roughly 5.5 million tons, he said.
The NPC official stated that this year, considering the existing capacities and ongoing measures, the Iranian petrochemical industry is ready to achieve production growth, in addition to launching and commissioning new projects. Given the measures taken this year, the empty production capacities of some existing complexes will be activated.
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