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Sunday, April 3, 2016
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
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