Salbali Karimi told Iran’s official news agency IRNA that all expenses and investments were only a small fraction of the figure, that is, 5 per cent of this income.
He pointed to the company’s capabilities in human labor and technology transfer. “Through a long-term and grand-scale plan, the company will be able to achieve international standards of conduct,” he added. “The government’s new approach is developing and operating of the maximum capacity of oil and gas fields and attracting technological capabilities of insiders and foreign companies,” Karimi was quoted by IRNA.
Karimi believed that the company should taken the opportunity to exploit the possibilities in protect and product from Hydrocarbour reservoir.
Iranian National Oil Company Public Relations Office quoted the CEO of Iran’s Central Oil Fields Company that expansion of shared oil and gas fields was in the top of agenda in President Rouhani’s special decree. “Expansion of new fields and commitment to current obligations are also important in the plan,” he added.
SH/ZK
MNA
END
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