Iran inks $300 million Yaran field project to boost oil production, capacity

摘要

Tehran—Iran will pursue raising oil production and development plans despite existing US sanctions, which oil minister Bijan Zanganeh sees as temporary, the ministry’s news service Shana reported. “It is true that our oil production has now decreased because of the unfair sanctions, but it will not remain like this forever,” Zanganeh said, according to Shana on July 11. “We should increase capacity so that anytime needed, we enter the market with full force and revive our share.”