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Iran's Offshore Oil Co exports 18-20 mn barrels of crude oil per month

Tehran, Aug 19, IRNA-Iran's Offshore Oil Company exports 18-20 million barrels of crude oil per month. A report released by the international department of Iran's ffshore Oil Company quoting the company's export and import manager, Mahmoud Baharvand, said that its current daily production of crude oil is 740,000 barrels.

He added that the figure is predicted to reach 850,000 barrels a day by the end of current year.

Baharvand put the monthly crude oil volume currently produced by the company in Forouzan, Sirri and Lavan oil fields at 10 million, 2.8 million and three million barrels respectively.

"Iran's Offshore Oil Company is expected to increase its crude oil production to one million barrels a day by the end of the Fourth Five-Year Development Plan," he added

... Payvand News - 8/19/06 ... --

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