8 Apr 2025
Saturday 17 March 2018 - 15:05
Story Code : 298092

Iran announces its oil output for upcoming Iranian year

ISNA� The managing director of the National Iranian Oil Company (NIOC) announced Iran�s oil output for the upcoming Iranian year (starting March 21).

The managing director of the National Iranian Oil Company (NIOC) Ali Kardor said that Iran�s oil output will not increase during the next year and the current output will remain constant.

�Currently, Iran produces about 3.900 million bpd and the capacity of the country�s oil output in nearly 4 million barrels,� he added.

�The volume of oil export is variable but the average of export is around 1.700 or 1.750 million barrels,� Kardor pointed out.
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