News ID: 210235
Published: 0409 GMT February 18, 2018

CEO: KOGPC increases output by 135,000b/d

CEO: KOGPC increases output by 135,000b/d
MOJTABA MOHAMMADGHOLI/shana.ir

Karoon Oil and Gas Production Company (KOGPC) has increased its oil production capacity by 135,000 barrels per day since March 21, 2017, said the company's managing director.

Mohsen Dehqanzadeh said the company has also put on its agenda to implement 38 investment projects at a cost of $43.47 million to maintain and boost its output, Shana reported.

He added the company has achieved 109.2 percent of its production growth target in the year to mid-March 2018. He put the company's crude oil production at 1.05 million barrels per day during March 21, 2017-February 19, 2018.

Dehqanzadeh stated that the company has also indigenized production of 189 strategic items and spare parts valued at $695,652 with the assistance of domestic producers.

 

   
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Resource: Shana
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