Iran to export 2m b/d of oil in May, official

Tehran, April 16, IRNA – Petroleum Ministry Deputy Rokneddin Javadi said Iran is going to export two million barrels of crude oil each day as of next Iranian month (to start April 20).

Talking in a gathering on aspects of economy of resistance and ways of implementing them in oil industy here on Saturday, he said export of gas condensates will also increase by ten percent as of next month.

He said the crude oil production has already surpassed 3,500,000 barrels per day and said the number is going to grow bigger given the fact the export rate is going to increase next month as well.

Javadi who is also the managing director of National Iranian Oil Company further said that Iran’s oil exports to Europe accounts for 30-35 percent of the country’s overall export figure.

Iran produced 2,800,000 barrels a day during the sanction years of which one million were exported.

By IRNA

Source Article from http://theiranproject.com/blog/2016/04/17/iran-export-2m-bd-oil-may-official/

You can leave a response, or trackback from your own site.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes