Iranian oil minister announces growth in oil and gas production

Iran's oil production rose to more than 3 million barrels per day, while gas production exceeded 1 billion cubic meters per day, Iranian Oil Minister Javad Owji said, Report informs referring to Shana news agency.

"Oil production in the country has reached more than 3 million barrels per day, and gas production has reached more than 1 billion cubic meters since the beginning of the 13th government (led by President Ebrahim Raisi since August 2021)," he said.

In February, the Mehr news agency reported that Iran plans to increase gas production by 50% by 2031, from less than 1 billion cubic meters per day to 1.5 billion.