Out of 83 oil and gas projects worth $36 billion, 67 valued at more than $15 billion will come on stream by March, Mohammad Mokhber noted, SHANA reported. 

On Monday, Oil Minister Javad Owji said, “Last year, we completed semifinished projects worth over $12 billion and more partly-finished projects worth $15 billion will become operational by mid-March 2024.”

On Tuesday,  the National Iranian Oil Company (NIOC) said that gas production at Phase 11 of the South Pars (SP) field has started.