TEHRAN June 1 (Shana)--Irans crude oil and gas condensate production capacity is forecasted to reach 5.7 mb/d by March 2018, a deputy petroleum minister said.Mansour Moazzami said Irans gas production is planned to reach 1 bcm/d by that time.
He added that Irans annual natural gas exports will reach 80 bcm by 2021 when Iran is expected to gain 80 billion dollars from petrochemical exports, much higher than the current 25 billion dollars.
Moazzami said Irans refining capacity currently stands at 1.6 mb/d, which is expected to reach nearly 3 mb/d in four years.
By SHANA
The Iran Project is not responsible for the content of quoted articles.
