Iran’s crude exports exceed 2 million/day – report

Iran’s crude oil exports have exceeded 2 million barrels/day, the deputy oil minister said, adding that the output was soon likely to reach 3.8 barrels/day.

Crude oil output currently stood at 3.7 million barrels/day, Roknoddin Javadi was quoted as saying by the Shana news agency.

Iran’s gas condensates exports were 250,000 barrels/day before the nuclear sanctions were imposed, but had now reached 450,000 bpd and were expected to rise further following the development of South Pars gas field.

Javadi said Iran’s doors were open to all Western and Asian companies for business on the condition they accept Iran’s conditions.

 

 

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