Iran boosts daily oil, gas production: oil minister
2 Min Read
Iranian oil production has increased by 3 million barrels per day and gas production has reached 1 billion cubic meters per day.
-
This Saturday, March 16, 2019 photo, shows a natural gas refinery at the South Pars gas field on the northern coast of the Persian Gulf, in Asaluyeh, Iran (AP Photo/Vahid Salemi)
Iranian oil minister, Javad Owji, revealed today that Iran's oil production has exceeded 3 million barrels per day and gas production has reached 1 billion cubic meters per day.
"The country's oil production has reached over 3 million barrels a day, whereas gas output has exceeded 1 billion cubic meters [a day] since the start of the work of the 13th government [led by President Ebrahim Raisi since August 2021]," Owji said.
Read more: Iran, India can shape new world order through cooperation: Raisi
Ever since Iran gained complete autonomy following its 1979 revolution, the country has been the target of excruciating sanctions imposed by the West.
Since Washington withdrew in 2018 from the 2015 Iranian nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), it reimposed harsh unilateral sanctions against Tehran and its oil exports and revenues, with only a few countries purchasing Iranian crude.
In early February, Iranian President Ebrahim Raisi pointed out that the increase in Iran's oil sales and production are things that anger its enemies.
Back in March, Iranian Oil Minister Javad Owji revealed that Tehran's oil exports have reached their highest level in the past four years amid unilateral sanctions imposed by the United States.
The Iranian official also noted that gas exports increased by 15% in 2022-23 compared to the previous Iranian year.
Read more: Iran signs $80bln worth of oil deals with foreign investors: Tehran
