export

Iran plans to double crude exports so long as the increase in shipments is absorbed by global markets, which it sees as stable for the rest of the year, according to a senior official at state-run National Iranian Oil Co. The country is exporting about 2 million barrels of its daily output of 3.8 million, said Mohsen Ghamsari, NIOC’s director of international affairs. It has regained about 80 percent of the market share it held before the U.S. and European Union tightened sanctions on its oil industry in 2012, he…

Daily production climbed to highest since end of November 2011 Exports rose more than 40% from March to 2 million barrels/day In an interview with IRIB News Agency, Managing director of National Iranian Oil Company announced that Iran has reached to pre-sanction level of crude oil production and export. Roknodin Javadi said: during the last month (30th Mar-30 Apr) country's crude oil export has increased to more than 2 million bpd besides we are experiencing a significant rise in crude oil production and in near future we will reach the…