Iran has exported large quantities of oil from its reserves to the world market during the summer
Iran has exported large quantities of oil from its reserves to the world market during the summer
16 September 2022
«Over the past three months, in addition to exporting oil from its daily production, Iran has also exported 20 million barrels of oil from its reserves to the world market», the Tasnim news agency said. It is noted that a large part of this Iranian oil was sent to the Chinese market.
At the same time, Iran plans to increase oil production to 4 million barrels per day by the end of the Iranian year. «With the support of National Iranian Oil Company CEO Mohsen Khodjastemehr and following the necessary directives addressed to subsidiaries, production will reach 4.038 million barrels per day by the end of this year», quotes Shana Head of NIOC’s Hormos Galavanda oil and gas division.