Reza Hilay, Director General of Oil and Gas Production Supervision at the National Iranian Oil Company (NIOC), stated that since the current government took office, NIOC has achieved significant success in oil and gas production by focusing on oil fi

2026-08-31

Reza Hilay, Director General of Oil and Gas Production Supervision at the National Iranian Oil Company (NIOC), stated that since the current government took office, NIOC has achieved significant success in oil and gas production by focusing on oil field development and maintaining capacity. Crude oil production in Iranian Calendar 1404 (March 2025–March 2026) increased by 3.5% compared to Iranian Calendar 1403 (March 2024–March 2025), marking a seven-year high for Iranian crude oil production.