Addressing a virtual ceremony to launch a number of oil, gas
and petrochemical projects on Monday, Dr. Rouhani said besides completion of the
second leap of the industry, plans had been devised for materialization of the
third leap of the industry.
The second leap is planned to bring Iran’s petrochemical production
capacity from currently 66 mt/y to 100 mt/y by 2021.
The third leap will also enhance productivity of the sector
to 130 mt/y by 2025.
Rouhani said Iran’s crude oil production had increased from
70,000 b/d to 400,000 b/d in the West Karoun oil fields cluster in the 7 years
that he had been in office since 2013.
“Had it not been because of the US sanctions, Iran’s crude
oil production capacity in the region would have reached a million barrels per
day by now.”
Elsewhere in his address, he said the next administration would
start operation with $25 billion petrochemical revenues which was only $11
billion before the second leap.