Bank Of Baku

Iran’s oil sales to reach 2 mln bpd soon

Iran’s oil sales to reach 2 mln bpd soon
# 07 March 2016 10:24 (UTC +04:00)

"After taking the appropriate steps and after Iran's return to the oil market, it is expected that Iran's oil sales will soon return to the level of 2 million barrels a day," Ali Tayyebnia was quoted as saying by the Shana news agency.

 

Bloomberg reports Iran’s daily production in 2011 made 3.6 mln. After embargo against Iran’s oil in 2012, the production fell to the 25-year lowest level – 2.7 mln barrels.  

 

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