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Iran considers increase of oil production

Oil&Gas Materials 15 October 2019 09:57 (UTC +04:00)

Tehran, Iran, Oct.15

Trend:

At the 5th Iranian Petroleum and Energy Club Congress and Exhibition (IPEC-2019), Iran has discussed important issues related to oil and energy, along with increasing the oil production.

"The plan of increasing production to 8 million barrels was discussed during IPEC 2019, to see whether it would attract attention, and if it is even possible, considering the reservoir capacity," Deputy Executive Director of the National Iranian Oil Company (NIOC) Reza Dehgan told Trend.

"I think these conferences are suitable place to discuss opinions and become familiar with various trade-related views of other oil experts. Politics should be avoided at events like this," he said.

The 5th Iranian Petroleum and Energy Club Congress and Exhibition (IPEC 2019) was held on 8-9, October, 2019, in Tehran, Iran at IRIB International Conference Center.

IPEC is the largest event of its kind in the Middle East and has the full support and endorsement of the Ministry of Petroleum.

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