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Iran raises crude output to 1 mln barrels

Aug 17, 2016, 11:51 AM
News ID: 1722
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.

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.”