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The acting oil minister called for solidarity, convergence, and extra work in the country’s current conditions, and urged higher production, wider oil-industry activity, rebuild of damaged sites, flare-gas gathering, and faster completion of projects ready to open. National interests must be protected and Iran turned into a great construction site, he said.
Iranian Parliament Deputy Speaker Ali Nikzad said the United States will never be able to reduce Iran’s oil exports to zero, arguing that Washington had drawn up plans targeting Iran’s oil and a significant share of the world’s oil resources and believed it could pressure Iran’s economy by gaining control of the Strait of Hormuz, but had failed to understand the Iranian people.
Over the past two years of Iran’s 14th administration, Petropars Group has advanced a slate of major national oil and gas projects focused on raising output, developing shared fields, and completing infrastructure. Gas production from South Pars Phase 11 rose from about 12 million cubic meters per day to more than 26 million cubic meters per day. Oil production capacity in the central package of South Azadegan exceeded 84,200 barrels per day, and with the commissioning of four CTEP trains, the nominal capacity of Iran’s largest crude processing unit reached 320,000 barrels per day. In the same period, development of Belal and Farzad B continued, the South Pars pressure-boosting project moved into the implementation phase, and the field phase of intelligent pipeline pigging began.
The Minister of Economic Affairs and Finance stated that a significant portion of the current problems dates back to pre-war conditions, although today's economic issues cannot be oversimplified or analyzed with a "two-plus-two-equals-four" logic. He said: "For example, at one point they tried to prevent medicine from entering the country. We eventually found alternative routes, but naturally, during that period, medicine prices increased."