Iran Economy Minister: Oil Sales to Reach 2 Mbpd Soon

Reuters

DUBAI, March 7 (Reuters) - Iran's sales of crude oil will reach 2 million barrels a day "soon", the economy minister was quoted as saying on Monday, as the Islamic Republic boosts output after sanctions were lifted in January.

"After taking the appropriate steps and after Iran's return to the oil market, it is expected that Iran's oil sales will soon return to the level of 2 million barrels a day," Ali Tayyebnia was quoted as saying by the Shana news agency.

(Reporting by Sam Wilkin; Editing by Kim Coghill)

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Business Analyst III
Expertise: Accounting|Business Analyst|Financial Analyst
Location: Houston, TX
 
Fleet Specialist
Expertise: Accounting|Customer Service|Logistics Management
Location: KCMO, MO
 
Regional Manager - Saybolt
Expertise: Operations Management
Location: Linden, NJ
 
search for more jobs

Brent Crude Oil : $49.92/BBL 0.50%
Light Crude Oil : $47.64/BBL 0.65%
Natural Gas : $2.87/MMBtu 0.70%
Updated in last 24 hours