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PetroEnergy Information Network

Monday / 7/20/2015 12:00:00 AM / 13:19
Service : Oil
News Id : 244312
Reporter : 349

NISOC Ready for Maximum Production

(Monday, July 20, 2015) 13:19

TEHRAN July 20 (Shana)--Head of National Iranian South Oil Company (NISOC) has voiced the company's readiness to boost Iran's crude oil output to the pre-sanctions level.

Bijan Alipour has said all plans have been devised to boost production from oil-rich regions south of Iran. 

As he said, once the company receives instructions from the ministry of petroleum, it can reach the pre-sanctions production level within a "three-day period." 

NISOC is Iran's biggest crude oil producer which accounts for 83% of Iran's crude output and 16% of the country's natural gas production. 

"NISOC faces no limits in supplying crude oil for exports to world markets and providing feedstock to petrochemical plants and refineries of the country," said the official. 

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