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Iran’s Oil Production to Rise to 3.6mbpd in March 2024

OIL

Iran’s oil production is estimated to reach 3.6mbpd in March next year, Iran’s Oil Minister, Javad Oji, said via Asharq News

  • Output from March 2024 onwards will reach 4mbpd, Javad Oji said, cited by Shana.
  • Iranian oil output has risen to 3.4mbpd now, from 2.3mbpd at the start of the current government, OJI added.
  • Iran’s new draft budget for next year, starting 20 March 2024, is based on oil and condensate exports of 1.35mbpd, Iran’s Economy Minister Ehsan Khandouzi said, cited by TV sites.

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