Iran eyes increasing oil production to 3.4M b/d by September-end

Iran plans to increase oil production to 3.4 million barrels per day (b/d) by the end of September, Minister of Oil of the Islamic Republic Javad Owji said, Report informs referring to TASS.

“Currently, the volume of oil production [in Iran] is 3.2 million barrels per day, but by the end of September this figure will reach 3.4 million,” Iranian news agency SNN quoted the minister as saying.

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