Iran's Crude Oil Production to Reach Pre-sanctions Level by June
Iran is currently producing more than 3.5 million barrels of crude oil per day, deputy oil minister says.
Sam Wilkin
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag, July 25, 2005. Credit: Raheb Homavandi/ Reuters
Sam Wilkin
REUTERS - Iran's crude oil production will reach pre-sanctions levels within two months, a deputy oil minister was quoted as saying on Tuesday, reaffirming Tehran's commitment to boosting production.
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State news agency IRNA quoted Rokneddin Javadi as saying that the pre-sanctions level would be attained by the end of the Iranian month of Khordad, which falls on June 20.
Iran's oil production was slightly below 4 million barrels a day before sanctions were imposed on the oil industry in 2011 and 2012. Last week Javadi said output had already surpassed 3.5 million barrels a day.