Hamid Bord today (Monday, October 5) emphasized the importance of solidarity and consensus in advancing the executive programs of the oil industry during a meeting of the Deputy Ministers of Oil. He announced that the executive programs of this industry in the production and development sectors continue with strength and serious determination.
Key Programs in the Production Sector
Bord referred to the existing capacities in the country's oil fields and stated that efforts are continuously being made to increase the daily production capacity of 4 million barrels of crude oil. In this regard, oil fields such as the Azadegan field with a capacity of 650,000 barrels per day and the Yadavaran field with a capacity of 100,000 barrels per day are among the key projects.
Read more: Oil production in the South Pars field reached 600,000 barrels per day
Development of Infrastructure and Modern Technologies
Hamid Bord also pointed out the importance of developing the necessary infrastructure to improve the performance of the oil industry and added: "The use of modern technologies and optimal management of human resources are among our main priorities in this path." He referred to planning for investment in new projects as well as improving current processes that can lead to increased productivity and reduced costs.
Bord stated that in recent years, despite existing challenges, the Iranian oil industry has been able to get closer to its goals by relying on domestic capabilities and increasing international collaborations. He emphasized that the continuity and strengthening of cooperation between domestic and foreign companies can pave the way for sustainable development in the oil and gas sector.
Challenges and Opportunities Ahead
Hamid Bord continued to address the challenges facing the oil industry and said: "Sanctions and legal barriers are among the challenges that hinder the development of this industry. However, we believe that with solidarity and consensus, we can overcome these obstacles."
He also referred to the opportunities available in the natural gas and petrochemical sectors and said: "The petrochemical industry can be considered one of the key sectors in the development of Iran's oil industry. With new investments and the utilization of existing capacities, we can achieve sustainable growth in this area."
Finally, Hamid Bord urged all deputies and managers of the oil industry to strive with all their might to achieve the set goals and emphasized the importance of cooperation and solidarity in advancing these objectives.
Read more: 392,000 tons of steel and petrochemical products offered in the commodity exchange · New price for renting a super tanker in the Strait of Hormuz
