LOC00:42
21:42 GMT
TEHRAN, April 24 (KUNA) -- Iranian Executive Director of the Continental
Shelf Oil Company (Iranian national oil company) Mahmoud Zirkjian Alizada said
on Friday that his company signed an agreement worth EURO 32 million with the
French company Total to carry out support and planning operation in the
Iranian Dorood three refinery.
According to Iranian Mehr news agency Alizada told reporters on the
sidelines of the Fourth International Exhibition on oil, gas and
petrochemicals in Tehran that there had been during the past three years,
contracts worth USD 12 billion dollars with the domestic and foreign companies
and the Iranian company.
The Iranian official said that there was another contract worth USD 3.7
billion in the previous year.
The Executive Director noted that the volume of oil and gas production from
oil fields in the Gulf, has increased during the past year, stressing that the
Iranian Frouzan oil production increased by 11 percent, as well as the size of
Salman oil field production which witnessed an increase of six percent.
"Iran has 13 oil and gas fields shared with Gulf, and there are about 5
billion barrels of crude oil in those fields," Alizada added. (end)
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KUNA 250042 Apr 09NNNN