Iran's oil industry: sky is the limit
After the successful resolution of outstanding issues between Iran and the six major powers in January 2016, very few could believe that the country's oil industry could embark upon ambitious plans to bring the country's oil and gas industry back on track. NIOC (National Iranian Oil Company) was quick to react towards regaining its lost market share in international oil trade and move towards 4 million barrels a day of crude oil production in six months. However, the next giant phase began to materialize with the final ratification and ...
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