ICOFC Aims for 12 Billion Cubic Meters Gas Production Increase This Year
Iran's Central Oilfields Company (ICOFC) aims to increase gas production by approximately 12 billion cubic meters in the current Iranian year, according to a company official. This target is part of the company's efforts to boost energy production and meet growing domestic demand.
The ICOFC plans to achieve this goal through enhanced exploration and extraction activities, as well as investments in new infrastructure projects. The company's focus on increasing gas production comes as Iran seeks to reduce its reliance on imports and bolster its energy security.