'Iran's crude production stood at 5.3 million
barrels per day before victory of the Islamic Revolution and we limited the
production ourselves,' said Zangeneh in a live TV program on the occasion of the
40th anniversary of the 1979 Islamic Revolution of Iran.
He said following oil discovery, Iran has
always been a key player in the world crude markets.
Elsewhere in his remarks, Zangeneh said Iran
now well supersedes Qatar in daily extraction of gas from South Pars joint
field and four refineries will soon be operational officially in the field in
presence of President Hassan Rouhani.
He said 610 million cubic meters of gas is
directly extracted from the field a day.
He added that 800,000 barrels of condensed gas,
equal to the value of 50 million dollars, is daily extracted from South Pars
common field.
The minister said the third phase of Persian
Gulf Star Gas Condensate Refinery will be operational in presence of President
Rouhani next month.
He boasted that daily production of petrol now
stands at 105 million liters from 52 million liters in the Iranian calendar
year of 1392 (2013-14).
The fourth phase of Persian Gulf Star refinery
is also on agenda, he added.
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