Iran is prepared to raise the oil production

Iran is prepared to raise the oil production
  • Clock-gray 10:24
  • calendar-gray 07 December 2020

Iran is prepared to immediately raise the oil production to the normal export levels, President Hassan Rouhani said, APA reports citing Tasnim News Agency.

Addressing a meeting of the Administration’s Economic Coordination Headquarters, Rouhani highlighted the oil industry’s readiness for an immediate rise in production given Iran’s “operational instruments and valuable experiences”.

Referring to the suspension of sanctions under the 2015 nuclear deal, the president said Iran had once managed to increase the oil output to over 2 million barrels per day after the JCPOA came into force.

Emil Ismayilov

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