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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iran: Oil And Gas Condensate Sales Are Witnessing A Good Increase, And We Are Receiving Their Revenu

    Rocky
    Rocky
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    • Post n°1

    Iran: Oil And Gas Condensate Sales Are Witnessing A Good Increase, And We Are Receiving Their Revenu Empty Iran: Oil And Gas Condensate Sales Are Witnessing A Good Increase, And We Are Receiving Their Revenu

    Post by Rocky Sun 09 Jan 2022, 5:54 am

    [size=38]Iran: Oil And Gas Condensate Sales Are Witnessing A Good Increase, And We Are Receiving Their Revenues
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    LAST UPDATE 01/08/2022 | 2:21 PM
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    The Information/Baghdad...
    The Executive Director of the National Iranian Oil Company, Mohsen Khojasteh Mehr, confirmed, on Saturday, that the sales of oil and gas condensate are witnessing a good increase, and the company receives oil revenues and enters the country.
    Mehr said, in a statement reported by "Fares" and seen by "The Information", that the National Oil Company is continuing to implement a program until next March to restore production capacity to before the re-imposition of the American embargo (in 2018).
    He added, that talking about increasing production does not concern wells only, and includes the capacity of passing pipes, treatment units and even human cadres, and to achieve this, multiple projects were proposed and implemented.
    The Executive Director of the National Company indicated that there is a difference between the meaning of production capacity and the level of production, as returning production capacity to before the ban means covering domestic demand and international markets, after this capacity declined in the past years.
    He stressed that after receiving the new Iranian government (last August), crude oil and condensate exports witnessed a good increase. He apologized for mentioning their numbers and levels, but it can be said that the situation has improved.
    He stressed that oil export revenues belong to the country and are handed over to the central bank, and this is our responsibility. And that the frozen Iranian oil export balances in some foreign banks abroad are related to the previous governments and not the 13th government that since taking over the executive authority has received the revenues.
    Khjesta Mehr explained that gas condensate reserves are declining for two reasons, increasing exports and domestic consumption, and thanks to God there are positive developments that have taken place in the field of selling oil and gas condensate. finished/25
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