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| Roknoddin Javadi named managing director of National Iranian Oil Company |
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.jpg) TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has appointed Roknoddin Javadi as the new managing director of the National Iranian Oil Company (NIOC), replacing Ahmad Qalebani.
Earlier this week, Zanganeh appointed Hamid Reza Araqi as the managing director of National Iranian Gas Company (NIGC), replacing Javad Oji.
He also installed Abbas She’ri Moqaddam as head of the National Petrochemical Company (NPC), replacing Abdolhossein Bayat.
Zanganeh has pledged to boost Iran’s oil output, saying, “My first action will be to bring the country’s oil production capacity back to 2005 levels.”
Iran is producing 2.56 million barrels a day in July. The country produced about 4 million barrels a day in 2005, according to Bloomberg.
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