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Wednesday 3/14/2012
Supreme Leader:
Oil Is A Durable Asset Not A Source of Income
In a three hour visit to the Research Institute of the Petroleum Industry (RIPI) on Monday, Supreme Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei stressed on necessity of changing the current view on oil industry as a source of revenue and providing income for annual budget.
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Saturday 2/25/2012
New Achievements for Explorations Dept
Head of Explorations of the National Iranian Oil Company (NIOC), Mahmoud Mohades, announced that his directorate is ahead of schedule and only in the first year of the Iran’s Fifth Development Plan has discovered 31 TCF of natural gas. He stated that according to the Fifth Development Plan his directorate was committed to discover 22 TCF of gas by end of the plan (2015).
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