1151 GMT March 21, 2018
Mohsen Dehqanzadeh said the company has also put on its agenda to implement 38 investment projects at a cost of $43.47 million to maintain and boost its output, Shana reported.
He added the company has achieved 109.2 percent of its production growth target in the year to mid-March 2018. He put the company's crude oil production at 1.05 million barrels per day during March 21, 2017-February 19, 2018.
Dehqanzadeh stated that the company has also indigenized production of 189 strategic items and spare parts valued at $695,652 with the assistance of domestic producers.