Iran to increase oil production after lifting sanctions | Iran to increase oil production after lifting sanctions -
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Iran to increase oil production after lifting sanctions

: Monday, June 16 - 2014 @ 11:34

Iranian Oid Minister, Bijan Namdar Zanganeh has announced that his country will increase oil production and can boost output by 700,000 barrels a day within two months if international sanctions on its economy are lifted, according to oil minister Bijan Namdar Zanganeh, Bloomberg has reported. “We have capacity of close to 4 million barrels a day,” Zanganeh told reporters in Vienna on Tuesday before a meeting of the Organisation of Petroleum Exporting Countries on Thursday.

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Monday, June 16- 2014 @ 11:34 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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