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Iran Boosts Oil Processing Capacity to 320,000 BPD in Joint Iraqi Field

Guavy AI Editorial Team
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Iran has increased its crude processing capacity at the joint oil field it shares with Iraq to 320,000 barrels per day (bpd), according to recent reports. This move aims to boost Iran's oil production and revenue.

The upgraded facility is located in the western province of Khuzestan, which borders Iraq. The increase in processing capacity is expected to help meet domestic demand for refined products while also generating more revenue for the Iranian government.

Iran has been working to increase its oil production in recent years, and this move is seen as a positive step towards achieving that goal.

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