Deputy managing director of Pars Oil and Gas Company said drilling expenses make up 25% of development costs in the supergiant offshore South Pars gas projects

Minister of Petroleum Bijan Zangeneh said that Iran will continue the policy of maximum production from the joint oil and gas fields and that it has plans to enhance recovery from the fields in the post-sanctions era

Irans deputy petroleum minister in international affairs and trading said Iran is ready to raise its crude oil exports by half a million barrels a day now that the US-engineered sanctions are lifted on Tehrans nuclear program

Secretary General of the Gas Exporting Countries Forum (GECF) said natural gas is one of the sources of power for Iran in the international arena which needs to be activated

Iran will begin gas exports to Iraq during March 21-June 21, 2016, said the director for international affairs of the National Iranian Gas Company (NIGC)

Vice Petroleum Minister Kazem Vaziri Hamaneh said tapping vast oil and gas resources will stabilize post-santions Irans standing in the international markets

Deputy Petroleum Minister for International Affairs and Commerce said certain regional countries that are unhappy over Iran’s achievements are behind current problems in the global crude oil markets.

The Iranian Ministry of Petroleum will support expansion of technical cooperation with Slovenia, said a deputy minister

Iran is preparing for the post-sanctions era by expanding its industrial and technical capabilities in all sectors including the petroleum industry. Like wise the Iranian Central Oil Fields Company (ICOFC) has boosted its drilling capabilities and has set new records in the field.

The Renown Paris-based IFP Training which offers professional training in the fields of oil and gas will hold an E&P management workshop for Iranian companies to be held in the French capital