Publication Date:
Sat, 2011-04-30 00:43
“Iran will increase its oil output by 115,000 bpd by the end of the current Iranian year (which ends on March 19),” said Ahmad Ghalebani, deputy oil minister.
Iran is pumping more than four million barrels of crude bpd, according to Iranian authorities.
Iranian oil output in January was 3.64 million bpd, according to Reuters’ monthly survey of OPEC producers, down from 3.67 million bpd in December and compared with an implied OPEC target 3.34 million bpd.
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