Iran exports 2.2m bpd of oil in one month

EghtesadOnline: European and Asian countries received 2.150 million barrels per day of oil from Iran in June.

News ID: ۷۷۷۵۶۲

10 July 2017

According to Petroleum Ministry website on Sunday, Iran's average export of oil over past months was a little more than 2.1 million barrels a day, which destination of one million barrels of them were European countries.

According to IRNA, one of the goals of Petroleum Ministry following the implementation of the JCPOA in the sector of oil export was to diversify exporting markets and revive Iran’s former oil markets, which could succeed to gain the goal and now export volume of Iran’s oil to Europe market has increased 300 percent following the JCPOA.

Iran is producing around 4 million barrels a day of crude oil, which between 1.5 to 1.7 million barrels are consumed in domestic refineries and the rest, is exported abroad.

In addition to crude oil, Iran is exporting 500,000 to 700,000 of gas condensates daily, as well.