Iran plans to boost oil output 30% to 5.15 million barrels a day and almost double gas output to 1.111 billion cubic meters a day by 2015, the Iranian state channel Press TV said on Monday.
"Iran must increase oil production by 1 million barrels a day to 5.15 million bbd," TV Press quoted Seifollah Jashnsaz, head of the National Iranian Oil Company, as saying.
Iran currently produces over 4 million barrels per day.
Iran also plans to boost gas output from the current 600 million cubic meters to 1.111 billion cu m, Press TV said.
Iran ranks fourth in terms of crude reserves after Saudi Arabia, Iraq and Kuwait, and fourth in terms of oil production after Saudi Arabia, the United States and Russia.
Iran also has the world's second largest gas reserves, totaling 28.13 trillion cu m.
TEHRAN, December 21 (RIA Novosti)
