26 April 2021 - 17:19
  • News ID: 315697
NISOC Prepared to Enhance Iran Oil Output: CEO

TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.

According to NISOC, Ahmad Mohammadi 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.

News ID 315697


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