Monday, April 24, 2017   04:01:27
Tuesday, Apr 04, 2017
Iran crude oil exports hits 3 million bpd

Iran’s total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the month from February 19 to March 20, Minister of Petroleum Bijan Zangeneh said...
Iran’s total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the month from February 19 to March 20, Minister of Petroleum Bijan Zangeneh said.
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted on the country in January 2016, Iran’s SHANA news agency reported.
Iran’s total exports of crude oil and condensate averaged 2.8 million bpd in the months leading to March 21.
“We have managed to establish this rate as a right of the Islamic Republic of Iran in the Organization of the Petroleum Exporting Countries (OPEC) and bring Iran’s (market) share to the pre-sanctions levels,” he noted.
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