Iran’s Production Increases

While the rest of the world worries about the oversupply of oil and gas and market prices, Iran continues to increase output. Iran’s current production has passed the 3.5 million barrels per day mark. Iran’s Deputy Oil Minister, Rokneddin Javadi, said the Islamic Republic plans to increase oil exports by 2 million per day in the next month, and gas condensate exports will increase by 10% during the period.