The CEO of the Central Iranian Oil Fields Company (CIOFC) Mehdi Heidari announced his company’s plan to intensify gas production by 100 million cubic meters (mmcm) by the end of the Iranian calendar year 1404 (ending March 20, 2026), Shana reported.
The announcement was made during conference held on the sidelines of the 26th International Oil, Gas, Refining and Petrochemical Exhibition, also called Iran Oil Show.
Heidari elaborated that this amount of production is equivalent to the output in fifth phase of the South Pars Gas Field.
He noted that his company produced 245 million cubic meters of gas per day (mmcm) , 70 billion cubic meters in total.