21:05 GMT +323 April 2019
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    A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, in this July 25, 2005 file photo

    Iran’s Export of Oil, Gas Condensates Reaches Nearly 3Mln Barrels Per Day

    © REUTERS / Raheb Homavandi/Files
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    Iran in July exported 2.74 million barrels of crude oil and gas condensates per day, National Iranian Oil Company (NIOC) international affairs director said on Wednesday, expressing hope that the exports would continue with the same pace through August, local media reported.

    MOSCOW (Sputnik) — According to Mohsen Qamsari, last month, Iran exported over 2.1 million barrels per day (bpd) of crude oil, which is less than before the anti-Tehran sanction, when crude exports were at 2.3 million bpd, the IRNA news agency reported.

    A fourth of all crude oil exported by Iran goes to Europe, while the rest of the crude, along with all condensate exports, goes to Asian states, Qamsari reportedly said.

    After Iran made a nuclear deal in July 2015 with the P5+1 group of countries including the United States, Russia, France, China and Britain plus Germany guaranteeing the peaceful nature of Tehran's nuclear program, the European Union, the United Nations and partially the United States lifted sanctions against Iran, enabling it to restart oil supplies to the global market.

    In June, Iranian Oil Minister Bijan Zangeneh said that Iran’s oil production had exceeded 3.8 million bpd with the target of reaching the 4-billion mark.


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