Iranian Oil Fields

50% of South Pars gas field capacity restored

TEHRAN, Sep. 23 (MNA) – Iran's oil ministry said about 50% of the damaged capacity at the South Pars field has returned to service after the March attack.

Iran’s oil output to increase by 135k bpd: NIOC CEO

TEHRAN, Jan. 21 (MNA) –The chief executive of the National Iranian Oil Company (NIOC) says the country’s oil production will increase by 135,000 barrels per day (bpd) with the execution of contracts to purchase crude processing services of oilfields.

Oil official:

Iranian experts do majority of repairs at oil facilities

TEHRAN, Dec. 27 (MNA) – An official at the National Iranian South Oil Company (NISOC) says that more than 63% of the annual overhaul plan was achieved this year was done by domestic experts.

IRGC general says;

Strait of Hormuz remains world’s most strategic zone

TEHRAN, Dec. 04 (MNA) – Deputy Commander-in-Chief of the Islamic Revolution Guard Corps (IRGC) warned that no country can diminish the global importance of the Strait of Hormuz, stressing Iran’s role in securing the world's key energy corridor.