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Iran Oil Export Options Limited: Former Official


Iran has limited oil export options outwith China due to US sanctions according to a former Iranian Oil Company official, Mohsen Qamsari in an interview with Iranian Labour News Agency (ILNA).

  • He said that other nations are reluctant to buy oil from the country because of sanctions.
  • Qamsari also underscored Iran’s aspiration to achieve a daily production level of 3.4 mn bpd.
  • Qamsari stated that Saudi Arabia's export reduction is insufficient to create a substantive opening for Iran's oil exports.
  • Iran's oil minister recently announced a projection of reaching a daily crude oil output of 3.4 million barrels by the end of September, despite ongoing US sanctions.
  • has reported that in the initial 20 days of August, Iran dispatched an average of over two million barrels of oil daily.

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