Hamid Bord, the CEO of the National Iranian Oil Company, announced the continuation of oil production in the country despite security challenges and global sanctions, emphasizing the need for intelligence and continuous effort from the workers in this industry. He stated that the Iranian oil industry is in an unequal war and has been able to fulfill its duties correctly.
Security Challenges and Development Plans
Bord referred to the existing challenges in the oil industry and said: "The enemy not only targets military and civilian infrastructures but has also planned to strike oil facilities." He noted the jihadist and scientific efforts of the National Oil Company employees, highlighting that oil production has been maintained despite all difficulties and that Iran is in a better position compared to neighboring countries.
Read more: Decrease in crude oil and products prices in the domestic market of Iran
Stability of Oil Production and Exports
The CEO of the National Iranian Oil Company strongly rejected rumors regarding pipeline ruptures and tank explosions, describing them as "unprofessional and impractical." He announced that with over a hundred years of experience in the oil industry, this issue is entirely manageable, and production, exports, and the supply of feedstock for petrochemicals are currently stable.
Bord also referred to new records in oil and gas production over the past two years, stating: "During this period, we have broken the production record of the past eight years and increased production by more than 200,000 barrels." He continued that a new record has also been set in gas production, reaching one billion and 100 million cubic meters per day.
Request for Energy Conservation from the Public
This official urged the public to help sustain energy supply by conserving energy by 10 to 15 percent. He mentioned the damages caused by the war to refineries and stated that this conservation could help maintain energy supply.
Associated Gas Collection Projects
Bord also described the status of associated gas collection projects, saying: "Previously, about 5 million cubic meters of associated gas had been collected, which has now reached 15 million cubic meters. Our goal is to collect another 21 million cubic meters of associated gas by the end of the year."
He referred to a new project for collecting 200 million cubic feet of associated gas, stating that good news will be published in this regard in the coming months.
Read more: Hasan Montazertorbati: Reforming the gas chain structure is the first step in managing imbalance · SLB signed major contracts with Aramco for more than 450 oil wells




