Iran Will Raise Its Oil and Gas Exports to 2mbd Till End of March

Iran Will Raise Its Oil and Gas Exports to 2mbd Till End of March
Sat Mar 5, 2016 15:38:08

Senior oil official has announced that Iran will raise its exports of oil and gas condensate to two million barrels per day as of end of March.

Director of International Affairs and Member of National Iranian Oil Company’s Board of Directors Mohsen Qamsari made theannouncement.

Minister of Petroleum Bijan Zangeneh has announced recently that Iran reached daily 1.7 million barrels of exports of its crude oil and gas condensate within January 21 to February 19 after 'Implementation Day' of the Joint Comprehensive Plan of Action (JCPOA) on January 16.

According to Zangeneh, exports of Iran's crude oil and gas condensate have witnessed 400,000 barrels increase per day in that period compared with the past ten months.

Iran, which was exporting one million barrels of crude oil each day during the sanctions era, will double the figure.

Anti-Iran sanctions were lifted in January as 'Implementation Day' of the JCPOA was announced; IRNA reported.


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