Iran is trying to increase daily oil production to 4 million barrels
Oil Minister Javad Ovci said, “We are trying to increase our daily oil production to 4 million barrels next year.” said.
Iranian Oil Minister Javad Ovci said that his country aims to increase daily oil production to 4 million barrels next year.
According to Tesnim News Agency, Ovci gave information about his country’s oil production.
Iranian Minister: “We are trying to increase our daily oil production to 4 million barrels next year.” said.
Pointing out that his country has 163 billion barrels of oil reserves, Ovci stated that when they came to power, oil production was at the level of 2 million 100 thousand barrels per day, and today it has increased to 3 million 400 thousand barrels.
USAAfter President Donald Trump withdrew from the nuclear agreement in 2018, he increased economic sanctions against Iran and limited oil sales.
According to the statistics of the Iranian Ministry of Oil, Tehran, which produced 3.8 million barrels of crude oil and condensate per day in April 2018, before the US left the nuclear agreement, was exporting 2.8 million barrels of this amount.
In his statement on August 13, Davud Menzur, President of the Iranian Budget and Planning Organization, noted that his country’s daily oil exports exceeded 1 million 400 thousand barrels.
