Hamidreza Bord was introduced as the Acting Minister of Oil of the Islamic Republic of Iran. This ceremony took place today, Tuesday, October 6, at the central building of the Ministry of Oil with the presence of Mohammad Reza Aref, the First Vice President. This managerial change is aimed at improving and enhancing the performance of the Ministry of Oil and also addressing the current challenges facing this ministry.
Details of the Introduction Ceremony
In this ceremony, Mohammad Reza Aref emphasized the importance of the Ministry of Oil for the country's economy, highlighting the need for attention to sustainable development and optimal utilization of oil and gas resources. He also urged Bord to leverage his experiences to improve the performance of the Ministry of Oil and to engage with the private sector and domestic and foreign investors.
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Challenges and Opportunities Ahead for the Ministry of Oil
In his speech, Hamidreza Bord referred to the current challenges of the Ministry of Oil and emphasized that focusing on the development of oil and gas fields, especially shared fields, will be one of his main priorities. He also stressed the necessity of utilizing modern technologies and optimizing processes to increase productivity.
According to him, the country's oil production capacity currently exceeds 3.8 million barrels per day, and the goal of the Ministry of Oil is to increase this capacity to 4.5 million barrels per day in the coming years. Additionally, Bord emphasized the importance of maintaining existing facilities and preventing resource wastage, stating that precise plans have been made for this purpose.
At the end of the ceremony, the First Vice President urged Bord to seriously address the issues and challenges of the Ministry of Oil with his team and to utilize all available capacities to advance the ministry's goals. He also emphasized the need for cooperation with other agencies and institutions to achieve the country's macro goals in the energy sector.
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