Iran oil exports surpass 2 million barrels per day — minister

Iran’s oil exports surpass 2 million barrels per day (bpd) following the lifting of sanctions under its nuclear deal with world powers, Oil Minister Bijan Zanganeh says.

“Iran’s oil and gas condensate exports are now at more than 2 million barrels per day” after rising by 250,000 bpd since March 1, the ministry’s Shana news service quotes Zanganeh as saying.

Iran has doubled exports since its nuclear accord took effect on January 16.

Iran, an OPEC member, has the world’s fourth-largest oil reserves but its exports were long hampered by sanctions over its nuclear program.

— AFP

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.