Iran increased its oil exports to 2 million barrels a day


The volume exported from Iran of crude oil and gas condensate is now more than 2 million barrels a day, according to Iranian news Agency Shana with reference to the statement by the Minister of oil industry of the country of Bijan Namdar Zanganeh.

In addition, according to the Minister, one of the main directions of industry development in the current year will be the implementation of the latest technologies for improving productivity of oil fields and the development of the South Pars field, which Iran shares with Qatar in the Persian Gulf.

Earlier, in March, about the plans of Iran to increase oil exports to 2 million barrels a day stated by the Minister of economy Ali Taebin.

“After taking appropriate steps and, after the return of Iran to the oil market, it is expected that sales of Iranian oil will soon return to the level of 2 million barrels. per day,” he said.

According to the Agency Bloomberg, in 2011, Iran produced about 3.6 million barrels. a day. In 2012, when it began operating ban on oil exports from Iran, oil production has plummeted to its lowest in 25 years to 2.7 million barrels. a day. In 2015 the volume of oil production in the country averaged about 2.8 million barrels. a day. Devoid of access to Western consumers, Tehran was selling small volumes of oil companies from China, India, Japan, South Korea and Turkey.