28 Mar 2024
Tuesday 14 June 2016 - 11:48
Story Code : 218427

Development of joint oil fields top priority: NIOC

 

TEHRAN, June 13 (Shana) -- Development of joint oil and gas fields are still top priorities, newly appointed Managing Director of National Iranian Oil Company (NIOC) Ali Kardor said on Monday.

He underlined continuation of development policies in the oil and gas sector during the post-Joint Comprehensive Plan Of Action era.

The official hailed the achievements made in increase of production and export of oil and its products after the nuclear deal reached between Iran and G5+1.

He urged all staff and officials in the NIOC to do their best to help the company to achieve the position it deserves in world.

Completion of South Pars development project and West Karoun oil fields are top priority of the NIOC in order to accomplish the targeted goal of increasing the oil and gas production, Kardor added.

Irans Oil Minister Bijan Namdar Zanganeh appointed Kardor as the new managing director of National Iranian Oil Company (NIOC) for a course of two years, Shana reported on Sunday.

Kardor, who was previously the deputy managing director of NIOC for making investment and securing finance, replaced Rokneddin Javadi, the ex-managing director of the company.

The National Iranian Oil Company, a government-owned corporation under the direction of Irans Oil Ministry, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1948.

By SHANA

 
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