Iran’s Oil Production Capacity To Rise By 1m Barrels : Minister

Tehran, July 3, IRNA – Minister of Oil Rostam Qassemi says about one million barrels will be added to Iran’s national production capacity once a number of oil projects come on stream. Qassemi, addressing a group of his staff, said the projects are now being implemented by Iran's Petroleum Engineering and Development Company (MATN) with some relating to joint fields. He said MATN has managed to make final decision on many oil and gas fields over the past eight months./end