In mid-June, Oil Minister Bijan Zanganeh said output had reached 3.8mln bpd.
Novatek projects could pump 70 mln T vs Qatar's 77 mln T.
Crude is still set for its worst first-half decline in two decades despite ongoing production cuts.
Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half decline in two decades despite ongoing production cuts. Ciara Lee reports.
Under the deal, Masdar will work with DP World to address challenges related to the delivery of sustainable and cost-effective power generation, with a focus on areas that are remote or off-grid.
Calendar spreads for Brent futures throughout the rest of 2017 and 2018 have weakened significantly since OPEC agreed to roll over its production allocations in May
The two sides will work to address challenges related to the delivery of sustainable, reliable and cost effective power generation.
The expansion will take Luberef's total Yanbu refinery production to 900,000 tonnes per year of GI and GII base oil.
Gazprom's investment programme was estimated at RUB850 billion ($14.2 billion) in 2018 and would stay at the same level in 2019.
The first line is to run to Turkey, while the second one will ship natural gas to Europe.