According to president.ir, Pezeshkian made the remarks Wednesday during a meeting reviewing progress on plans to increase energy production. He said linking payments to performance would enhance accountability and help move projects forward more quickly.
The meeting reviewed the status and progress of associated gas (flare) collection projects, an emergency plan to raise Iran’s daily oil production by 250,000 barrels, development of the Azadegan oil field, and a pressure-boosting project at the South Pars gas field. Participants also discussed ways to accelerate implementation and financing methods for oil projects. Officials agreed to speed up the handover of flare gas collection projects and to facilitate the procurement of equipment and foreign currency needed to complete them faster.
Based on decisions taken at the meeting, the ministries of economy and oil, along with the Planning and Budget Organization and the Central Bank, will jointly prepare tailored financing packages to expedite the emergency oil production increase plan.
Regarding the Azadegan oil field, officials said that approval and notification of the investor company’s contract under a new framework, along with secured financing, marked a significant step toward resolving long delays in the project. An updated implementation timetable is to be prepared immediately, with execution set to begin as soon as possible.
A proposed financing model for the South Pars gas-compression project was also presented. Officials decided the plan would move to implementation after review and approval by the Supreme Economic Council.
Foreign currency supply and other energy capacity expansion projects were also discussed. A working group comprising the ministries of economy and oil, the Plan and Budget Organization, and the Central Bank was tasked with designing and presenting a specific financing package after reviewing available options.
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