Iranian Oil Company extract 80% of country's oil in South of Iran

The General Director of the Iranian Oil Company in Southern Iran, Gholam Reza Hassan Beygolu said that his company has 45 oil fields at its disposal and produces about 80% of all the oil produced in Iran, Iran News reports. 

About 1,8 million barrels of crude oil produced by the company are being exported while about 1.4 million barrels stay in in the country. In addition, the company produces 101 million cubic meters of natural gas and 147 thousand barrels of gas condensate daily.