Iran is ready to sell its oil at any price, said the oil minister of the country
Date: 09:08, 26-08-2015.
Almaty. August 26. Silkroadnews - Iran should sell its oil, regardless of the price, reports Trend, citing oil minister of Iran B. Zangane.
The minister added that Iran will increase production by 500 thousand barrels per day as soon as the sanctions will be removed.
In July B.Zangane spoke of Tehran's plans to increase oil production to 4.7 million barrels per day. According to other estimates, Iran is intended to achieve this year before sanctions oil production level of 4 million barrels per day.
Before the introduction of sanctions, Iran has exported 2.3-2.5 million barrels of oil a day, and then it dropped to half.
