Production Costs and Investments
See also: Economy of Iran and Petroleum industry in IranThe cost of producing each barrel will rise to $30 or more from $7 in 2012.
Iran currently allocates $20 billion a year to develop fields and $10 billion on maintaining output. In the next decade, maintaining production will cost $50 billion, with a similar sum required for development.
Read more about this topic: National Iranian Oil Company
Famous quotes containing the words production, costs and/or investments:
“The growing of food and the growing of children are both vital to the family’s survival.... Who would dare make the judgment that holding your youngest baby on your lap is less important than weeding a few more yards in the maize field? Yet this is the judgment our society makes constantly. Production of autos, canned soup, advertising copy is important. Housework—cleaning, feeding, and caring—is unimportant.”
—Debbie Taylor (20th century)
“When over Catholics the ocean rolls,
They must wait several weeks before a mass
Takes off one peck of purgatorial coals,
Because, till people know what’s come to pass,
They won’t lay out their money on the dead—
It costs three francs for every mass that’s said.”
—George Gordon Noel Byron (1788–1824)
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)