CEO Ramin Hatami said a new processing facility is nearing completion, while several additional processing plants are under construction. Plans are also being advanced to attract private-sector investment for three new processing units with a combined capacity of 165,000 barrels per day.

Hatami said efforts to auction associated gas from flare sites continued uninterrupted, with several projects awarded earlier this year. He highlighted the recent startup of the Maroun 3 flare gas recovery project, completed by a private-sector contractor, as evidence that development activities remained on track during the conflict period.

The company also awarded three flare gas recovery packages in the Masjed Soleyman operating area, totaling 6.5 million cubic feet per day. Hatami said additional flare gas collection projects are expected to come online within the next six months, supporting both economic growth and environmental protection.

To support production growth, NISOC is expanding drilling capacity through new agreements with private contractors. The first drilling rig under contracts signed late last year has arrived in the country and is being transferred to its designated operating location.

Hatami said the company maintained full operations during recent wartime conditions, including annual overhauls of key oil and gas facilities. He noted that maintenance activity reached record levels, helping safeguard production stability.

The company is also studying opportunities to increase natural gas production following disruptions to parts of the country’s gas supply infrastructure. NISOC has submitted proposals to the National Iranian Oil Company and is pursuing implementation of projects aimed at expanding gas output.

Hatami added that NISOC is providing technical and operational support for the reconstruction of oil facilities damaged during the conflict.