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)
“The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.”
—Adam Smith (1723–1790)
“In youth, love and art. In age, investments and antiques.”
—Mason Cooley (b. 1927)