Iran’s Oil Output On Course To Hit 3 Million BPD

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The production of crude in Iran has risen to a new threshold, approaching 3 million barrels per day, Oil Minister Javad Owji said. 

Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Owji said the production of oil in Iran has entered the range of 3 million barrels per day.

He also noted that new initiatives have increased the daily production of light crude oil in Iran by 200,000 barrels.

Last month, Iranian President Ebrahim Raisi said the country’s oil export has reached the pre-sanction levels despite the enemy’s push to cripple the crude exports.

Highlighting his administration’s success in nullifying the sanctions, Raisi said Iran has boosted its exports and production and organized plans to complete the unfinished projects.

Tasnim News Agency

Tasnim News Agency, which claims to be a private news agency in Iran but is reported be close to the IRGC, was launched in 2012. Its purpose is to cover a variety of political, social, economic and international subjects along with other fields.

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