Iran Says Oil Exports Surpass 1.4 Million BPD Target

Published

©Alireza824/CC BY-SA 3.0
©Alireza824/CC BY-SA 3.0

Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency. 

"Based on Iran's current budget, the government aims at exporting 1.4 million oil barrels per day, an objective which has now been surpassed thanks to the Oil Ministry's efforts," the official said. Prior to the re-imposition of U.S. sanctions in 2018, Iranian oil exports were about 2.8 million barrels per day.

(Reuters / Reporting by Dubai Newsroom; Editing by Andrew Heavens)

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

ESVAGT Acquires Two SOVs from Edda Wind

ESVAGT Acquires Two SOVs from

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine