Iran started development of two major oil fields

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Oil Minister Javad Oudji said Iranian authorities have started developing two oil fields, Sepehr and Jafir, in the southwestern province of Khuzestan. RIA News.

According to the official, the expected average production volume at both facilities is 74 thousand barrels per day.

“In the presence of President Ibrahim Raisi, the operation of the Sepehr and Jafar oil fields started with an average daily production of 74 thousand barrels. According to the Iranian government’s Telegram channel Oudji, these areas were put into operation with an investment of 2.8 billion dollars.

The development of new fields will help increase hydrocarbon production in the Islamic Republic in the face of the weakening of the sanctions regime and efforts to return to world markets.

Before that in Tehran announced A major economic forum to improve ties with Africa.

Previously Russia came It is among the top 3 gas suppliers of Turkey.

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