Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Iran to Pour $275 Billion into Oil, Gas Development by 2041

Guavy AI Editorial Team
Instruments
Oil Natural Gas
Share

A high-ranking official at Iran's National Iranian Oil Company (NIOC) has announced plans to invest $275 billion in oil and gas field development by 2041.

NIOC manager Ahmad Rajabi stated that strategic plans have been defined to increase crude oil production, aiming for a total of 5.5 million barrels per day (bpd) by 2031 with an investment of about $150 billion.

The plan also includes increasing raw natural gas production to 1.5 billion cubic meters in 2031, requiring a total investment of around $125 billion.

More on Commodities

Commodities 1m ago

Hormuz Closure Threatens UK Economy with Recession and Inflation

Commodities 2m ago

Kansas Farmers Push for E15 Passage, USMCA Renewal at NCGA Corn Congress

Commodities 2m ago

Central Banks' Record Gold Buying Spree Fuels Price Support

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy