Iran plans to increase daily crude oil production

2022-09-21
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Iranian officials: Iran plans to increase its daily crude oil production to 4million barrels by the end of the year

Iranian officials: Iran plans to increase its daily crude oil production to 4million barrels by the end of the year

the shape of 2016 is very irregular August 31

[China paint information]

Mansour moazami, Deputy Minister of industry, mining and trade of Iran, said at a meeting in Norway on Tuesday (August 30), Iran is committed to increasing its crude oil production to 4million barrels per day by the end of 2016. At present, the country's production is 3.8 million barrels per day

Moazami said that Iran may sign two or three crude oil contracts with investors before the end of 2016. At the same time, Iran is building nine refineries, with the largest output of 360000 barrels per day

OPEC will hold an informal meeting in Algeria next month to discuss measures to support oil prices. Iran will cooperate with the organization of Petroleum Exporting Countries (OPEC) to stabilize the oil market, but hopes that other countries will respect Iran's "rights", according to the Iranian oil minister Bijan Namdar Zanganeh quoted by the Iranian oil ministry news agency Shana on Friday (August 26)

as the third largest oil producer of OPEC, Iran has been sending positive signals recently, saying that it will take joint actions with other oil producers to support the crude oil market, and potential measures include freezing production. In 2018, global peek will usher in a peak demand

Chakib Khelil, former chairman of OPEC, said earlier this month that Iran's production has been close to the pre sanctions level, which may make it easier to accept production restrictions

data show that Iran's crude oil production in July this year was 3.6 million barrels per day, compared with 4million barrels per day before the sanctions. At present, Iran's crude oil production is close to the level before the sanctions

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