Iran raises crude output to 1 mln barrels

EghtesadOnline: Director of the National Iranian South Oil Company (NISOC) Ali-Reza Dabiri said that the country’s plan for raising crude output to 1 million barrels came true.

News ID: ۷۳۵۹۶۴

17 August 2016

He said that meticulous planning and investigating wells, facilities and firms regularly was conducted in such a way that it is always possible to produce maximum crude and go back to the level of pre-sanction, according to ISNA.

He said that last February and after announcing removal of sanctions, “We managed to reach the maximum level of production under safety and environment rules and regulations and raising output to one million barrels came true.”