TEHRAN Dec 06 (Shana): On the sidelines of OPEC ministerial meeting in Vienna, Iranian minister of petroleum Bijan Zanganeh met some European oil companies managers.Responding to reporters questions in Vienna, Zanganeh said he had met on Thursday with Shell, Eni, Vitol and OMV officials.
On a question pertaining to falling oil production from Irans oil fields, Zanganeh said: if we do noting normally oil production will decrease about 300 to 350 thousand barrels each year.
On enhancing recovery rate [from Irans oil fields], he noted that the rate of recovery depends on the technology being used.
On enhancing recovery rate, we have given priority to shared oil fields and mega oil fields including Ahwaz, BiBi Hakimeh, Agha Jari, Maroun, Forouzan, Salman and Sirri, Zanganeh told reporters.
OPECs 164th ministerial meeting held in Vienna on Wednesday deciding to keep oil production ceiling steady at 30 million barrels per day. It also extended El-Badris tenure as OPEC secretary general for another one year to December 2014.
By SHANA
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