Publish date10 Aug 2023 - 18:13
Story Code : 603247

Iran to increase daily oil output to 3.5mn barrels by summer end

Iranian oil official says the country has scheduled to increase its oil production to 3.5 million barrels per day by the end of summer 2-23.
Iran to increase daily oil output to 3.5mn barrels by summer end
Mohsen Khojastehmehr made the remarks when he was speaking to reporters on the occasion of the National Journalists' day. 

Stating that Iran produced 2.2 million barrels of oil per day when the incumbent government under President Ebrahim Raeisi took office in August 2021, he said that by next week, 150,000 barrels of oil from onshore and offshore fields will be added to the production of export oil. 

The Iranian official hailed Iran's huge progress despite sanctions, adding that by the end of the summer in the Iranian calendar(September 22), the oil output will increase 3.5 million bpd. 

He also announced that since the beginning of the incumbent government, Iran's oil exports have doubled.
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