[000:00:00;00] to start production, he said that we should do the development in stages, for this reason, the production , which will be done soon, hopefully with four wells , we will add two more wells in october and november, and as our lengths increase, so will the production. we would like to add that i want to be opportunistic and take the right technical measures and decisions for the benefit of the people. in view of this , our competitors are more positive . yes, they were very, very good. parallel to all these efforts, it is possible

to do diplomatic and legal work in the world, and i think so i think diplomacy is better than legal work, in our opinion, we tried diplomacy at national iranian oil company. this increase of more than 2 times of our oil exports is the result of an existing energy diplomacy. in fact, we were able to implement energy diplomacy in this regard with the policy of the 13th government and with the wisdom of the minister. dear mr. naft, mr. engineer, let's revive, of course, extensive programs to use energy diplomacy for bilateral and multilateral cooperation, which is not within the scope of this meeting . hopefully, in our future posts, we will discuss the results and achievements of these measures . i invite you to see another report about

drilling the drilling industry is one of the most important links of oil and gas production in onshore and offshore areas . the drilling area accounts for about 50% of the expenses related to exploration and development and car production in the national oil company. crude oil and natural gas have been emphasized that there should be no drilling operations. you cannot produce oil and hydrocarbon gas in the country. in fact, the country is facing problems in the drilling industry because they play the main role . despite this, there are only 112 active drilling rigs on land and sea. lack of marine rigs in our sea sector we have a company called mpt, which in iran has a stoppage time of 10%, but

in 20-30% of the time, lack of suitable rigs for special drilling, long drilling time, wear and tear of equipment, and failure to pay contractors' demands on time are part of the industry's problems. drilling is a phase one decision made by the privatization organization that this industry is one of the contracting and downstream industries , such as the downstream subsidiary companies of oil refining , while this industry is an upstream industry. in recent years, knowledge companies have been operating with the help of the drilling industry. making and gathering drilling data for its use in the company's drilling industry in our activity in the field of genetic and behavioral engineering can be added and subtracted

. the governance of the industry still requires investment and new technology in order to be empowered. we must monitor all the factors involved in this issue, and based on that, a written plan to take my technology industry to the level of the first companies in the world . solving problems what did the private sector active in the drilling industry do or are you doing? as mentioned in this report , the total number of rigs related to the drilling fleet

is about 133 units, both on land and sea, under the national iranian oil company and its neighbors and private sectors. this is the first and most important link of the oil and gas production chain in the country related to the hydrocarbon sector, it is related to the drilling sector , maybe about 50% of the development costs of an oil field or a gas field is related to the drilling sector and all matters related to the maintenance of production capacity and increasing profile production through drilling rigs this issue requires us to take care in the drilling sector to improve the efficiency and productivity in the drilling sector in order to speed up the drilling and

reduce our costs, and secondly, improve all the processes. to be able to take care of the fleet and rebuild it. basically, the strength of the upstream sector, especially the national iranian oil company and the companies with rigs, are doing the work, and recently he organized a program called the reverse step to improve the efficiency of the drilling industry . the reverse step is that companies and iranian contractors came and asked me to work for us and solve our problems in this sector, but today, on the contrary , we presented our challenges and problems to

danesh banyan and exploration and production companies, and we want to transform them. to the technological issues, one of these problems and challenges in the drilling sector is related to multiple drilling times, or the wild is the weapon of the whitings, which is one of the challenges of drilling that leads to increasing a common and common well compared to the international standard. give and do more. we think that these challenges by knowledge-based companies can be raised, and we have started this new action of roma. the next step is to consider incentives for private companies to rebuild their fleets. well , what method do we

have? that we conclude contracts with private companies and in the form of proper advance payments , in addition to being able to execute contracts with us and perform aerial operations, they can also rebuild their drilling caps, for example, for the national drilling company iran in a contract more than one about 200 million dollars of the billion dollars made by the national company of the southern oil regions was only the share of the reconstruction of the drilling rigs, but the new action that, god willing , we will soon carry out in the national iranian oil company, as mentioned in this report , we were short of marine totals. we have an agreement with a private company as well as iran's national drilling company that these companies can enter into a contract and enter the country, and in

the form of lease, on the condition of acquisition, we will have five years of service, that is, an iranian company. he rents a minute for a period of 5 years they guarantee that when you have the time, i will work for you. with this method, we were short, and this private company will own a rig in the form of a lease agreement with the condition of acquisition . take the appropriate actions and we already had contracts and in the finalization stage of some of the 61 actions of their actions in the past , fortunately, now

various private companies have entered the business market in this sector to supply spare parts for drilling rigs. and we think we should enter this stage soon let's hope that the islamic republic enters the production line of spare parts and, god willing, where will it be for drilling , and not only to meet domestic needs and supply goods needed for drilling, god willing, we will be able to deliver these services outside the borders, this is a very , very important point if they ask us that what is the most resistant part of the oil industry above? we can say with full claim that it is drilling. because the late imam, may god bless him and grant him peace, in 1358, the first strategic step in the aviation industry was the order to form the national drilling company of iran. it was clear that the imam had a

vision. boland vahid, a strategic view in the oil sector the gas caused by the imam's other point of view, which was the first word in the upstream culture to enter the culture of walthmaar, was to take a fever from its tunisian oil and gas reserves. these are very serious measures and the far-sighted vision of the imam, may god's mercy be upon him , allowed this year's budget law to at the beginning, the results and principles of the contracts that the exploration and production companies conclude with the ministry of oil and the oil company should be accepted as collateral. the executive regulations of this law have been drafted. is one of the protections we have for the exploration and production companies is that private companies are one of them? one of the challenges is

when they go to the banks to get it the facilities of banks and financing institutions call them valid documents, but naturally this is a request and an expectation of the private sector that we can take an action in order to support the private sector. currently, the national iranian oil company is negotiating and to finalize this issue is to be able to accept the contract of the exploration and production companies with the national iranian oil company as a guarantee by the banks. mr. doctor, regardless of

the statements of the leader of the revolution, let's hear together, if we can, not in words, but in practice. and the curator will explain that we can attract people's participation we want to make a definite production method, music will definitely bring about the production method, the presence of people in the production in different sectors from small and small to large production by the people themselves, this car and production will have an effect on the fasting in the last days of the last year , the oil and condensate deposit certificate

these oil and gas were offered in the energy exchange and traded . in fact, what is the situation now, and now you understand this, i will ask you for another year. it is shaped by people and this is our ideal and desire let's popularize the oil and gas economy and we have done some important measures in

the national iranian oil company since the beginning of the 13th government in different sectors. until 1401, we took important measures in the development of joint fields, see the contract for the development of joint fields in north yaran, south yaran, sohrab bazi joint field, south pars 11, south pars, phase 14, drilling in bilal joint field , finalizing the sweetening of 80,000 barrels of condensate , phases 2 and 3 of the pars oil layer contract south appointment

farzad square and many other cases , these are the share of the private sector and the share of the people from the upstream sector of oil and gas in the country, the capacity is valuable, and also the share of domestic construction is determined by this method. mr. dr. mina bakhshi, people, this is what can be said, anyway, the private sector of this private sector has various problems, some of them are considered semi-governmental and depend on the devices , and it is good in its place, or even if you are not in charge of the implementation yourself. it is a step, but when

we talk about popularizing the economy, it is a possibility it should be considered beyond these, see the appropriate mechanisms so that the people can directly put their capital in a place where the trustees of the country's economic sector can maximize the exploitation of these capitals of the people of klotte. ok, let it cool down and put it in unproductive places. now we have taken a new action for the first time. your excellency's year was related to deposits, but today we can claim that we have the necessary infrastructure to fully establish the oil exchange through the military energy exchange.

well, this work was necessary for the first time in the 13th government, and we did this action regardless of how successful it was at the beginning, but because it was the right thing to do, it must be done . we gave this work, we did it, and fortunately , we are now on this path, and now the volume of this bond sale is actually being exchanged in the primary market and in the secondary market, but now we are conducting negotiations so that we can we can sell bonds abroad and these bonds have benefits it has several advantages, including that bonds can be used as collateral, and this is the same as crude oil , and the value of its currency is always maintained, and what

is the possibility that it can be represented in the form of rials , what other ways can people directly enter the oil economy, industry oil, different forms of partnership bonds, i don't know, or other types of islamic securities, or the same silence , well, each of them has capacities, and it is possible to unravel the problems of the oil industry and the problems of not having capital in the oil industry sector , considering the sanctions and the issues that have been, but these people anyway, they have money in different places they usually enter and invest. if you remember that they can enter and make a profit in this industry , they will be

welcomed. i wanted to ask a question . where can we find and the majority of liquidity is contained within the bank, so the concentration of people's liquidity is usually in the banks, in my opinion , the mechanisms and economic processes in the banks cause the people to make maximum profit and give the share to the banks , the capital market of the people, mainly because that we we didn't introduce them anymore because i wanted to tell you that many of the limitations and problems of banks may show themselves here too, but if i come to you, for example , islamic securities, which are very circular, are through banks, mainly through other banks

now that you are in the capital market with residential camp, common people usually go to a known place, and i was here , we did a new job at the national iranian oil company , and i have to do this in this program, which is a job in paris and is being done for the first time in the country . banks usually its role in the economy mainly it is limited to giving you silat, jealous, he takes a facility for economic work and has challenges in the name of collateral, and they are interested in the effects of the body to be sure , they are

interested in the national iranian oil company. the investor changed the body, this is a new approach for the first time last year with the approach of the honorable president and also with the emphasis of the honorable minister of oil and the director, he said that we are going to give the people the second development of the joint fields of azadegan north and azadegan south, that is, a capital a big investment let's make it up to the people, after the arrangement, after about 6 months of technical and economic studies , a memorandum of understanding with six state and private banks as well as several production exploration companies, a memorandum of understanding with wasim, exactly last year, at the same time as to

deliver production from the joint fields of azadegan. north and south azadegan by drilling more than 300 wells to increase production from about 200 thousand barrels to 570 thousand barrels with an investment of 7 billion dollars in 7 years. people mainly in this bank we expect we believe that in this way, the banks will attract people to the attractiveness of this very attractive contract . we expect the banks and the economy sector to increase the share of the people. this is what

they say. i believe that the most fortunate company was formed in the name of dasht azadegan arvand company, and it has about 18 blocked studies. it has a board of directors . hopefully , it will be worth 7 billion dollars soon. currently, the stock is limited to 20% of this block making it available to the people through the energy stock market is one of the new and unique actions of the national iranian oil company in this government, and all our efforts have been to popularize the oil and gas economy, and the management part of the government sector

as well . to increase the share of the private sector

in the oil and gas economy mr. dr. mehr, the respected ceo of the national iranian oil company, i am also grateful to you, have a good time and have a good future. until you see everything in

the great iranian palace in the cities of qom and isfahan patoo, we are allowed to dig a diamond pot with your feet in the name of allah, the most merciful, the most merciful. hello, dear viewers. at 20:30, i am at your service with some news on the eve of ghadir eid and at the same time as the decade of imamate and guardianship of children and adolescents of the islamic world in the ghadir courtyard of the holy shrine of razavi. the performance of hymns in five languages, farsi, azeri, english, arabic, and urdu , and recitation of the qur'an was held, among other special programs of a