Iran’s daily crude production rose to 4.23 million barrels.
Nozari went on to say that seven new oil refineries have been constructed and the older facilities have been modernized over the four-year tenure with the plan of increase the nation’s petrol production output to 190 million liters per day in the next few years.
In April 2009, Iran had given Shell and Repsol until May 20, 2009 to explain their involvement in the project.
In 2008, Shell postponed decisions on multi-billion dollar investments in Iranian liquefied natural gas (LNG) projects because of political tension.
Repsol and Shell have entered a service contract for the LNG project in January 2007, setting out the conditions for exploration and development operations in phases 13 and 14 of the South Pars project.
The Persian LNG project concerns development of production and exports of liquefied natural gas from a part of the South Pars field in the Persian Gulf. Repsol, Shell, and the National Iranian Oil Company (NIOC) signed an initial deal in 2002 to develop phase 13 of South Pars.
It said output from those phases would feed a future LNG plant that would have two liquefaction trains, each with capacity for 8.1 million tons annually, but that a final investment decision had yet to be taken.
