TEHRAN, April 13, YJC - Iran is going to launch 6 phases of South Pars gas field, 3 oil layers and 3 giant petrochemical plans in a ceremony to be attended by Iranian President Hassan Rouhani, Oil Minister Bijan Zangeneh said.
Elsewhere, regarding oil price and its sale, he said, "OPEC decisions show all members are after market stability and the agreement is probably used for market stability.”
He added Iran has started crude production in Azar Field for 15.000 barrels daily which is going to hit 30.000 barrels soon.
Iran is now producing 25.000 barrels from South Pars, he said, adding the country is now exporting 2.6 million barrels of oil and condensates.