Baku 14° C
Iran to increase oil production capacity by 200,000 bpd
Region
- 03 September, 2022
- 06:43
Iran aims to increase its oil production capacity by 200,000 bpd by March 2023, the Chief Executive Officer of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr said, Report informs via IRNA.
According to Khojasteh Mehr, thanks to this increase, Iran's production capacity will exceed four million barrels per day by the end of the current calendar year.
He also stressed the country's readiness to expand oil exports and return to international markets "with maximum capacity."
Author
Latest News
16:39
Trump: US and Iran have begun talks in Islamabad
Other countries16:37
Kochinyan: Conflicts in neighboring regions increase need for peace in South Caucasus
Foreign policy16:29
Farhad Mammadov: There are preconditions for stronger integration in South Caucasus
Foreign policy16:13
Areg Kochinyan: Experts from Armenia, Azerbaijan and Georgia should meet in trilateral format
Region16:02
Kamala Mammadova notes role of media building dialogue between Baku and Yerevan
Region15:48
Photo
Azerbaijani MMA fighter wins tournament in Sweden
Individual sports15:38
Lusine Kharatyan: Media in Armenia and Azerbaijan should help strengthen peace
Region15:34
Zelenskyy: Ukraine ready to extend ceasefire with Russia beyond Easter
Other countries15:23