26 Apr 2024
Saturday 7 May 2016 - 17:34
Story Code : 212836

Iran oil exports hit 2.4 million bpd

Minister of Petroleum Bijan Zangeneh says Irans daily production of oil and condensate has risen to 2.4 million barrels.

Since the lifting of sanctions in January under a nuclear agreement,Iran has been ramping out oil production to claw back lostmarket share.

During sanctions, exports of oil and gas condensates combined stood at 1.35 million barrels per day; those exportshave now risen to 2.4 million barrels, Zangeneh told the opening of an international oil and gas exhibition in Tehran Saturday.

On Friday, another senior official said Iran had raised its oil productionto the level it desired, indicating that the country was ready to join a possible output freeze proposed by key producers.

By Press TV
https://theiranproject.com/vdcbf5b50rhb8wp.4eur.html
Your Name
Your Email Address