Arab Today, arab today iran oil exports rise to 12 mn barrels per day
Last Updated : GMT 12:41:09
Arab Today, arab today
Arab Today, arab today

Iran oil exports rise to 1.2 mn barrels per day

Arab Today, arab today

Arab Today, arab today Iran oil exports rise to 1.2 mn barrels per day

Tehran - AFP

Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said Friday. Mansour Moazami, who holds the planning brief among the Islamic republic's five deputy oil ministers, said the numbers were 20 percent above forecasts and they would rise further. "When the government took office, exports were around 700,000 barrels per day," Moazimi was cited as saying by Mehr, a semi-official government news agency. He said the updated figure of 1.2 million was supplemented by 200,000 barrels per day of derivative gas products from crude. "Our oil exports are now 20 percent higher than in the budget numbers and we believe that in the current Iranian year they will increase further," Moazimi added. Iranian President Hassan Rouhani, a reputed moderate who succeeded hardliner Mahmoud Ahmadinejad, was elected in June, taking office in August. The rising oil exports come as Iran and world powers prepare for a fifth round of talks next month aimed at a long-term deal on curbing the Islamic republic's disputed nuclear programme. Despite the higher numbers, Iran's oil exports remain heavily down on shipment levels before sanctions -- the country was shipping 2.5 million barrels per day of crude abroad in late 2011. China, India, South Korea and Japan are Iran's biggest oil export markets. Under a preliminary deal signed last November, Iran agreed to freeze some nuclear activities for six months, which led to modest sanctions relief and a promise from Western powers of no new restrictions on its hard-hit economy. Iran has fervently rejected Western and Israeli suspicions that its atomic programme is masking a covert weapons drive.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran oil exports rise to 12 mn barrels per day Arab Today, arab today iran oil exports rise to 12 mn barrels per day

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran oil exports rise to 12 mn barrels per day Arab Today, arab today iran oil exports rise to 12 mn barrels per day

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday