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9th International Oil, Gas & Petrochemical Exhibition to open in Tehran

Tehran, July 4, IRNA -- The 9th International Oil, Gas and Petrochemical Exhibition, which is expected to be attended by 1,100 Iranian and foreign firms, will be inaugurated in Tehran on Monday.

Deputy Oil Minister for International Affairs Akbar Torkan told reporters that 684 Iranian and 437 foreign firms, including those from Germany, Britain and France, will take part.

The exhibition, said Torkan, will be held in an area of 50,000 square meters with four halls dedicated to foreign and 12 to Iranian firms.

Elsewhere in the interview, the official put Iran's oil production capacity at four million barrels a day and said the figure is expected to reach 4,400,000 barrels a day by end of the year on March 20, 2005.

He predicted that about one million barrels will be added to the national oil production capacity a day during the fourth five-year economic development plan (2005-10).

... Payvand News - 7/5/04 ... --

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